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Frontiers in Human Neuroscience, 2019 Intertemporal choice refers to decisions involving tradeoffs between costs and benefits occurring at different times. Studies have found that weighting the time and benefits during decision-making involves a complex neural network that includes the ...
Guanxing Xiong +11 more
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The Development of a Theory of Rational Intertemporal Choice
Papers, 2006 The aim of this article is to describe the evolution of a very dynamic theory: the theory of intertemporal choice. I present the first economic thinking on intertemporal decision-making, and expose how it resulted in Samuelson’s famous discounted utility
Germán Loewe
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Quantifying the contribution of individual variation in timing to delay-discounting
Scientific Reports, 2021 Delay-discounting studies in neuroscience, psychology, and economics have been mostly focused on concepts of self-control, reward evaluation, and discounting.
Evgeniya Lukinova, Jeffrey C. Erlich
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The influence of COVID-19 on intertemporal choices in the health and economy domains
HeliyonBackground: With the spread of COVID-19, concerns regarding its adverse effects have arisen. Based on affect regulation theory and construal level theory, this study explored how COVID-19 affects intertemporal choice in the health and economy domains ...
Dawei Wang +6 more
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The Relationship Between an Alternative Form of Cognitive Reflection Test and Intertemporal Choice [PDF]
Studia Psychologica, 2019 The cognitive reflection test (CRT) has been popular because it has demonstrated a good predictive validity of a variety of biases in judgment and decision making.
Jiuqing Cheng, Cassidy Janssen
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We face a myriad of choices 24/7. The first might arise early in the morning: Should I hit the snooze button for a few extra minutes of sleep, or get up on time to set out for a productive day working on a book chapter? Later, I might have to decide whether to spend my money on that new fancy gadget or put it into my savings plan, and in the evening, I
Ben Wagner, Kilian Knauth, Jan Peters
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Multiple selves in intertemporal choice [PDF]
Journal of Economic Psychology, 2009 We propose that individuals consider future versions of themselves to truly be separate persons, not simply as a convenient modeling device but in terms of actual brain systems and decision-making processes. Intertemporal choices are thus quite literally strategic interactions between multiple agents.
Julian Jamison, Jon Wegener
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Assessing patience and predictivity validity for mixed sign intertemporal choices
Judgment and Decision MakingMost research on intertemporal choice has examined choices between smaller, sooner gains and larger, later gains. A much smaller number of papers have examined intertemporal choices for losses.
Wade Sean Mansell, Ye Li, David Hardisty
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Dopaminergic function and intertemporal choice [PDF]
Translational Psychiatry, 2015 The discounting of delayed rewards, also known as temporal or delay discounting, is intrinsic to everyday decisions and can be impaired in pathological states such as addiction disorders. Preclinical and human studies suggest a role for dopaminergic function in temporal discounting but this relationship has not yet been verified using molecular imaging
Joutsa, J +5 more
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Food inflation pass‐through from agricultural imports in a small open economy
American Journal of Agricultural Economics, EarlyView.Abstract This paper develops a new framework for quantifying cost pass‐through in a small open economy by estimating firm‐level markup responses to agricultural import price shocks. We show theoretically that markup adjustments depend on firms' reliance on imported inputs and demand curvature, generating heterogeneous inflationary effects across firm ...
Minseong Kang, Seungki Lee
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