Results 61 to 70 of about 45,680 (136)
Hyperbolic discounting is a psychological phenomenon in which individuals prioritize smaller immediate rewards over larger future rewards. Time-inconsistent behavior is deemed irrational as it negatively impacts savings and investment, investment in ...
Aliyu Ali Bawalle +4 more
doaj +1 more source
Intertemporal Substitution and the Liquidity Effect in a Sticky Price Model [PDF]
The liquidity effect, defined as a decrease in nominal interest rates in response to a monetary expansion, is a major stylized fact of the business cycle.
J. Andres +2 more
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Does Source of Income Affect Risk and Intertemporal Choices? [PDF]
Publisher ...
Hvide, Hans Krogh, Lee, Jae Ho
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Preference reversals between intertemporal choice and pricing
Preference reversals in risky choice -- where people favor low-risk prospects in binary choice but assign higher prices to high-risk prospects -- have led to models of response processes that differentiate pricing from choice. Theories of intertemporal choice do not distinguish between response processes, assuming instead that eliciting choices or ...
Peter D. Kvam +4 more
openaire +3 more sources
Impatience, Anticipatory Feelings and Uncertainty: A Dynamic Experiment on Time Preferences [PDF]
We study time preferences in a real-effort experiment with a one-month horizon. We report that two thirds of choices suggest negative time preferences. Moreover, choice reversal over time is common even if temptation plays no role. We propose and measure
Davide Dragone, Marco Casari
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Gauging preference stability under authoritarianism
Do people living under authoritarianism exhibit stable, constrained preferences? Autocrats have incentives to suppress the formation of stable preferences structured by underlying constraints as such preferences can empower challengers and limit policy ...
Jennifer Pan, Yiqing Xu
doaj +1 more source
Is the elasticity of intertemporal substitution constant? [PDF]
This paper shows that a power utility specification of preferences over total expenditure (ie. CRRA preferences) implies that intratemporal demands are in the PIGL/PIGLOG class.
Hamish Low, Thomas Crossley
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The world is confronted with increasing droughts exacerbated by the inefficiency of irrigation, and water-saving irrigation (WSI) holds the potential to alleviate this dilemma.
Yang Yang +5 more
doaj +1 more source
Individuals' Rates of Time Preference for Life-Saving Programs in Developing Countries: Results from a Multi-Country Study [PDF]
Individuals' time preferences for mortality reductions are measured in six Less Developed Countries in Africa, Eastern Europe, and Asia using the contingent valuation method.
Christine Poulos, Dale Whittington
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Measuring time preferences [PDF]
We review research that measures time preferences—i.e., preferences over intertemporal tradeoffs. We distinguish between studies using financial flows, which we call “money earlier or later” (MEL) decisions and studies that use time-dated consumption ...
Cohen, Jonathan D. +3 more
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