Results 61 to 70 of about 1,624,571 (182)

Intertemporal Choice and Consumption Mobility [PDF]

We test the validity of three models of intertemporal consumption choice (the permanent income hypothesis, the myopic model, and the consumption insurance model) by means of mobility indexes for the underlying consumption distribution.
Tullio Jappelli, Luigi Pistaferri
core  

Estimating Intertemporal Allocation Parameters using Synthetic Residual Estimation [PDF]

, 2010
We present a novel structural estimation procedure for models of intertemporal allocation. This is based on modelling expectations errors directly; we refer to it as synthetic residual estimation (SRE).
MARTIN BROWNING, BROWNING, MARTIN, Sule Alan, Prof Martin Browning, ALAN, SULE   +4 more
core   +2 more sources

Increasing elasticity of the value function in the Loewenstein-Prelec theory of intertemporal choice [PDF]

In a critique of the Loewenstein and Prelec (1992) theory of intertemporal choice, al-Nowaihi and Dhami (2006) point out to four errors. One of the alleged errors was that the value function in prospect theory is decreasing. But it is in fact increasing.
Ali al-Nowaihi, Sanjit Dhami
core  

Building a bridge into the future: Dynamic connectionist modeling as an integrative tool for research on intertemporal choice

Frontiers in Psychology, 2012
Temporal discounting denotes the fact that individuals prefer smaller rewards delivered sooner over larger rewards delivered later, often to a higher extent than suggested by normative economical theories.
Stefan eScherbaum, Maja eDshemuchadse, Thomas eGoschke   +2 more
doaj   +1 more source

A Note On The Loewenstein-Prelec Theory Of Intertemporal Choice [PDF]

In one of the major contributions to behavioral economics, Loewenstein and Prelec (1992) set the foundations for the behavioral approach to decision making over time. We correct a number of errors in Loewenstein and Prelec (1992). Furthermore, we provide
Ali al-Nowaihi, Sanjit Dhami
core  

Intertemporal asset allocation strategies under inflationary risk [PDF]

, 2006
Hsiao C-Y. Intertemporal asset allocation strategies under inflationary risk. Bielefeld (Germany): Bielefeld University; 2006.In the framework of the intertemporal asset allocation problem, this dissertation focuses on the modelling of inflation risk and
Hsiao, Chih-Ying
core  

Is delay equivalent to risk? A comparative study of intertemporal choice and risky choice in gain scenarios

Humanities & Social Sciences Communications
Intertemporal choice and risky choice are fundamental aspects of decision-making, involving trade-offs between delay, risk, and monetary outcomes.
Xiang-hui Yan, A-fang Deng
doaj   +1 more source

Intertemporal Choice Under Habit Formation [PDF]

, 2000
Many of the most important choices in people's lives have an inter-temporal dimension, i.e., these choices are associated with a flow of benefits or costs that accrue in the future. In addition, such choices are frequently habit-forming. Yet, little is known about habit-forming inter-temporal choice behavior.
Fehr, Ernst, Zych, Peter K
openaire   +2 more sources

Sharpening Intertemporal Prospect Theory [PDF]

Prospect theory [4] of risky choices has been extended to encompass intertemporal choices [6]. Presentation of intertemporal prospect theory suffers from minor mistakes, however [2].
Pushpa, Rathie, Carlos, Radavelli, Sergio, Da Silva   +2 more
core  

Hierarchical Bayesian modeling of intertemporal choice [PDF]

Judgment and Decision Making, 2017
There is a growing interest in studying individual differences in choices that involve trading off reward amount and delay to delivery because such choices have been linked to involvement in risky behaviors, such as substance abuse.
Melisa E. Chávez, Elena Villalobos, José L. Baroja, Arturo Bouzas   +3 more
doaj