Results 1 to 10 of about 180,057 (202)
From time-inconsistency to time-consistency for optimal stopping problems. [PDF]
PLoS ONEFor optimal stopping problems with time-inconsistent preference, we measure the inherent level of time-inconsistency by taking the time required to turn the naive strategies into the sophisticated ones.
Sang Hu, Zihan Zhou
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Modern Stochastics: Theory and Applications, 2022 The paper presents a characterization of equilibrium in a game-theoretic description of discounting conditional stochastic linear-quadratic (LQ for short) optimal control problem, in which the controlled state process evolves according to a ...
Nour El Houda Bouaicha +3 more
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Financial Innovation, 2022 Considering that the assumption of time consistency does not adequately reveal the mechanisms of exit decisions of venture capital (VC), this study proposes two kinds of time-inconsistent preferences (i.e., time-flow inconsistency and time-point ...
Yanzhao Li +3 more
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Inflation Bias, Time Inconsistency of Monetary and Fiscal Policies and Institutional Quality [PDF]
International Journal of Business and Development Studies, 2017 In developing countries, weak institutional quality can increase the probability of applying discretionary policies and can have a great impact on their double-digit inflation.
Ali Hussein Samadi +2 more
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Temptation and Retirement Accounts: A Story of Time Inconsistency and Bounded Rationality [PDF]
Athens Journal of Business & Economics, 2020 Research shows that American workers tend to under-save for retirement. Some studies attribute the under-saving to a lack of self-control and time inconsistent saving plans, while others use the bounded rationality of retirement account holders as an ...
Florina Salaghe +3 more
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A Note on Time Inconsistency and Endogenous Exits from a Currency Union
Games, 2022 This paper investigates the effects of members’ exits from a currency union on the credibility of the common currency. In our currency union model, the inflation rate of the common currency is determined by majority voting among N member countries that ...
Yuta Saito
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Obesity and Hyperbolic Discounting: An Experimental Analysis
Journal of Agricultural and Resource Economics, 2012 Models of rational addiction suggest that obesity is consistent with time-consistent preferences. Behavioral economists maintain that addictions such as alcoholism, smoking and over-eating represent examples of present-bias in decision making that is ...
Timothy J. Richards, Stephen F. Hamilton
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Mathematics, 2022 Intertemporal choices are those decisions structured over several periods in which the effects only manifest themselves with the passage of time. The main mathematical reference for studying the behavior of individuals with respect to this type of ...
Viviana Ventre, Roberta Martino
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MENGUKUR TIME INCONSISTENCY KEBIJAKAN MONETER DI INDONESIA
Buletin Ekonomi Moneter dan Perbankan, 2013 This study measured the time inconsistency of monetary policy in Indonesia using the asymmetric preference parameter in linear exponential loss function of the central bank.
Rini Rahmahdian, Perry Warjiyo
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Social Sciences, 2022 Most studies about life experiences and their long-term impact have relied on retrospective assessments and cross-sectional designs. However, there are concerns about the inconsistency of reports, which have been addressed in a limited scope.
Vanessa Azevedo +2 more
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