Results 41 to 50 of about 2,083,765 (305)

Intertemporal Choice and Inequality [PDF]

open access: yesJournal of Political Economy, 1994
The permanent income hypothesis implies that, for any cohort of people born at the same time, inequality in both consumption and income should grow with age. We investigate this prediction using cohort data constructed from 11 years of household survey data from the United States, 22 years from Great Britain, and 14 years from Taiwan.
Angus Deaton, Christina Paxson
openaire   +3 more sources

Personal Impulsivity Mediates the Effects of Neuromodulation in Economic Intertemporal Choices: A Pilot Study

open access: yesStudia Psychologica, 2020
Involvement of the prefrontal cortex in intertemporal choices has been long recognized. Using neurostimulation techniques, recent studies have indicated that the left dorsolateral prefrontal cortex (DLPFC) influences performance on intertemporal choice ...
Barbara Colombo   +3 more
doaj   +1 more source

New paradoxes in intertemporal choice [PDF]

open access: yesJudgment and Decision Making, 2011
Similar to research on risky choice, the traditional analysis of intertemporal choice takes the view that an individual behaves so as to maximize the discounted sum of all future utilities.
Li-Lin Rao, Shu Li
doaj   +2 more sources

Quantification of Aversion to Uncertainty in Intertemporal Choice through Subjective Perception of Time

open access: yesMathematics, 2022
Intertemporal choices are those decisions structured over several periods in which the effects only manifest themselves with the passage of time. The main mathematical reference for studying the behavior of individuals with respect to this type of ...
V. Ventre, Roberta Martino
semanticscholar   +1 more source

Inference and preference in intertemporal choice [PDF]

open access: yesJudgment and Decision Making, 2021
When choosing between immediate and future rewards, how do people deal with uncertainty about the value of the future outcome or the delay until its occurrence? Skylark et al.
William J. Skylark   +2 more
doaj   +3 more sources

Monkeys are more patient in a foraging task than in a standard intertemporal choice task. [PDF]

open access: yesPLoS ONE, 2015
Studies of animal impulsivity generally find steep subjective devaluation, or discounting, of delayed rewards - often on the order of a 50% reduction in value in a few seconds. Because such steep discounting is highly disfavored in evolutionary models of
Tommy C Blanchard, Benjamin Y Hayden
doaj   +1 more source

Cognitive Uncertainty in Intertemporal Choice

open access: yesSocial Science Research Network, 2021
This paper experimentally documents the relevance of cognitive uncertainty – subjective uncertainty over one’s utility-maximizing action – for understanding and predicting intertemporal choice.
B. Enke, Thomas Graeber
semanticscholar   +1 more source

Intertemporal Choice of Fuzzy Soft Sets [PDF]

open access: yes, 2018
This paper first merges two noteworthy aspects of choice. On the one hand, soft sets and fuzzy soft sets are popular models that have been largely applied to decision making problems, such as real estate valuation, medical diagnosis (glaucoma, prostate ...
Muñoz Torrecillas, María José   +1 more
core   +3 more sources

Intertemporal choice in lemurs [PDF]

open access: yesBehavioural Processes, 2012
Different species vary in their ability to wait for delayed rewards in intertemporal choice tasks. Models of rate maximization account for part of this variation, but other factors such as social structure and feeding ecology seem to underly some species differences.
Stevens, Jeffrey R., Mühlhoff, Nelly
openaire   +3 more sources

The endowment effect in the future: How time shapes buying and selling prices [PDF]

open access: yesJudgment and Decision Making, 2022
Previous research has focused on studying the endowment effect for transactions that take place in the present. Many real-world transactions, however, are delayed into the future (i.e., people agree to buy or sell, but the actual transaction does not ...
Shohei Yamamoto, Daniel Navarro-Martinez
doaj   +2 more sources

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