Results 41 to 50 of about 45,680 (136)

Evaluation Scale or Output Format: The Attentional Mechanism Underpinning Time Preference Reversal

Frontiers in Psychology, 2022
Time preference reversals refers to systematic inconsistencies between preferences and valuations in intertemporal choice. When faced with a pair of intertemporal options, people preferred the smaller-sooner option but assign a higher price to the larger-
Yan-Bang Zhou, Qiang Li, Qiu-Yue Li, Hong-Zhi Liu, Hong-Zhi Liu   +4 more
doaj   +1 more source

Measuring intertemporal preferences using response times [PDF]

, 2008
NBER WORKING PAPER SERIESMEASURING INTERTEMPORAL PREFERENCES USING RESPONSE TIMESChristopher F. ChabrisDavid LaibsonCarrie L. MorrisJonathon P. SchuldtDmitry TaubinskyWorking Paper 14353http://www.nber.org/papers/w14353NATIONAL BUREAU OF ECONOMIC RESEARCH1050 Massachusetts AvenueCambridge, MA 02138September 2008We thank Kirill Babikov, Lee Chung ...
Christopher Chabris, David Laibson, Carrie Morris, Jonathon Schuldt, Dmitry Taubinsky   +4 more
openaire   +2 more sources

Tasa de preferencia intertemporal, equilibrio y estabilidad en los modelos de crecimiento neoclásicos Intertemporal preference rate, equilibrium, and stability in neoclassical growth models

Cuadernos de Economía, 2000
Este articulo analiza la consistencia intertemporal de las preferencias y la homogeneidad de la tasa de preferncia intertemporal en los modelos de ciclo real.
Pecha Arcenio, González Jorge Iván
doaj  

The value of emotion: how does episodic prospection modulate delay discounting? [PDF]

PLoS ONE, 2013
BACKGROUND: Humans often show impatience when making intertemporal choice for monetary rewards, preferring small rewards delivered immediately to larger rewards delivered after a delay, which reflects a fundamental psychological principle: delay ...
Lei Liu, Tingyong Feng, Jing Chen, Hong Li   +3 more
doaj   +1 more source

Inconsistency in intertemporal choice: a behavioral approach [PDF]

European Journal of Management and Business Economics, 2018
Purpose - The purpose of this paper is to introduce the main measures of inconsistency in the context of intertemporal choice and to identify the relationships between them (more specifically, the measures by Prelec, Takahashi and Rohde).
Isabel González Fernández, Salvador Cruz Rambaud   +1 more
doaj   +1 more source

Intertemporal Consumption With Risk: A Revealed Preference Analysis [PDF]

SSRN Electronic Journal, 2018
Abstract We run an experiment to elicit preferences over state-contingent timed payouts. We analyze the data using a new revealed preference method (building on Nishimura et al., 2017) that can test for consistency with utility functions that increase with a given preorder.
Lanier, Joshua, Miao, Bin, Quah, John K. H., Zhong, Songfa   +3 more
openaire   +2 more sources

Projection bias, sophistication, and sub-additive discounting

Journal of Management Science and Engineering, 2019
:: Behavioral studies have revealed the sub-additive discounting pattern, which is at odds with the prevailing hyperbolic discounting framework that explains intertemporal choices. In this study, we demonstrate that completely and partially sophisticated
Shou Chen, Richard Fu, Lei Wedge, Ziran Zou   +3 more
doaj   +1 more source

Risk aversion, intertemporal substitution, and the aggregate investment-uncertainty relationship [PDF]

, 2007
We analyze the role of risk aversion and intertemporal substitution in a simple dynamic general equilibrium model of investment and savings. Our main finding is that risk aversion cannot by itself explain a negative relationship between aggregate ...
Abel, Abel, Abel, Abel, Abel, Aizenman, Aizenman, Alesina, Attanasio, Barro, Bernanke, Caballero, Calcagnini, Craine, Davide Ticchi, Eberly, Eichennbaum, Enrico Saltari, Epstein, Epstein, Ferderer, Ferderer, Gourinchas, Guiso, Guo, Hansen, Hansen, Hartman, Huizinga, Jorgenson, Kreps, Kreps, Leahy, Leland, Levine, Long, McDonald, Oi, Pindyck, Pindyck, Pindyck, Ramey, Sandmo, Selden, Weil, Weil, Zeira   +46 more
core   +1 more source

Intertemporal Preferences of Potable Water Supply Consumers

Journal of Water Resources Planning and Management, 2019
AbstractThis research explores potable water consumers’ willingness to pay to fund up-front investments in their potable water supply services (PWSSs), which will reduce rates in the longer term.
Anna Robak, Henning Bjornlund
openaire   +3 more sources

Intertemporal Preferences for Uncertain Consumption: A Continuous Time Approach [PDF]

Econometrica, 1992
Summary: We propose a family of topologies on the space of consumption patterns in continuous time under uncertainty. Preferences continuous in any of the proposed topologies treat consumptions at nearby dates as almost perfect substitutes except possibly at information surprises.
Hindy, Ayman, Huang, Chi-fu
openaire   +1 more source