Results 211 to 220 of about 106,023 (221)

Do It Today or Do It Tomorrow: Empirical Non-exponential Discounting Explained by Symmetry Ideas

International Symposium on Integrated Uncertainty in Knowledge Modelling, 2018
At first glance, it seems to make sense to conclude that when a 1 dollar reward tomorrow is equivalent to a ...
Francisco Zapata, Olga Kosheleva, Vladik Kreinovich, Thongchai Dumrongpokaphan   +3 more
semanticscholar   +3 more sources

Non-Exponential Time Discounting

, 2017
David L. Weimer
semanticscholar   +3 more sources

Renegotiation and dynamic inconsistency: Contracting with non-exponential discounting

Journal of Economic Theory, 2023
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Doruk Cetemen, Felix Zhiyu Feng, Can Urgun   +2 more
openaire   +3 more sources

Non-Exponential Discounting: A Direct Test [PDF]

, 2008
Standard models of intertemporal utility maximization under uncertainty assume that agents discount future utility flows at a constant compounded rate—exponential discounting. Euler equations estimated over different time horizons should have equal discount rates. They do not.
Richard Startz, Kwok Ping Tsang
openaire   +1 more source

Economic valuation of non-timber forest products (NTFPs) on the east coast of Lagonoy, Camarines Sur, Philippines: Evidence from discounting and exponential smoothing techniques

Next Research
Mary Joy P. Azuela, Emmanuel A. Onsay
openalex   +2 more sources

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Long-Run Impulse Control with Generalized Discounting

SIAM Journal of Control and Optimization, 2023
In this paper, we investigate the effects of applying generalised (non-exponential) discounting on a long-run impulse control problem for a Feller-Markov process.
Damian Jelito, L. Stettner
semanticscholar   +1 more source

Time-inconsistent discounting and the Friedman rule: roles of non-unitary discounting

Oxford Economic Papers, 2018
We examine the optimality of the Friedman rule by considering recent development of behavioral economics. We construct a simple macroeconomic model where agents discount consumption and leisure at different rates.
Takeo Hori, Koichi Futagami
semanticscholar   +1 more source

Reinforcement Learning with Non-Exponential Discounting

Commonly in reinforcement learning (RL), rewards are discounted over time using an exponential function to model time preference, thereby bounding the expected long-term reward. In contrast, in economics and psychology, it has been shown that humans often adopt a hyperbolic discounting scheme, which is optimal when a specific task termination time ...
Schultheis, Matthias, Rothkopf, Constantin A., Koeppl, Heinz, Koyejo, S., Mohamed, S., Agarwal, A., Belgrave, D., Cho, K., Oh, A.   +8 more
openaire   +1 more source

Impulsivity and cigarette smoking: delay discounting in current, never, and ex-smokers

Psychopharmacology, 1999
W. Bickel, A. Odum, G. Madden
semanticscholar   +1 more source

Multiple solutions under quasi-exponential discounting

, 2009
N. Vieille, J. Weibull
semanticscholar   +1 more source