Results 11 to 20 of about 180,057 (202)
Time Inconsistency and Retirement Choice [PDF]
SSRN Electronic Journal, 2015 Hyperbolic discounting with naiveté is widely believed to provide a better explanation than exponential discounting of why people borrow so much and why they wait so long to save for retirement. We reach a different set of conclusions.
Caliendo, Frank N., Findley, T. Scott
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Grit, discounting, & time inconsistency. [PDF]
J Risk UncertainAbstract We study the association of the perseverance of effort and the consistency of interests components of the psychological measure of grit with economic measures of impatience and time inconsistency in the general population. We find that impatience is associated with grit through the perseverance of effort component.
König-Kersting C, Trautmann ST.
europepmc +5 more sources
TIME INCONSISTENT RESOURCE CONSERVATION CONTRACTS [PDF]
Journal of Environmental Economics and Management, 2006 Are commonly observed resource conservation contracts efficient? In this paper we construct a model that embodies common characteristics of resource contracts.
Gulati, Sumeet, Vercammen, James
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Time-Inconsistency with Rough Volatility [PDF]
SIAM Journal on Financial Mathematics, 2021 An earlier version of this paper was circulated and cited under the title "Time-consistent feedback strategies with Volterra processes"
Bingyan Han, Hoi Ying Wong
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Time‐inconsistent contract theory
Mathematical Finance, 2023 AbstractThis paper investigates the moral hazard problem in finite horizon with both continuous and lump‐sum payments, involving a time‐inconsistent sophisticated agent and a standard utility maximizer principal: Building upon the so‐called dynamic programming approach in Cvitanić et al.
Camilo Hernández, Dylan Possamaï
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Time-Inconsistent Charitable Giving [PDF]
Journal of Public Economics, 2016 Abstract We usually assume purchasers of commodities experience utility at the point of transacting a purchase, when money and ownership are exchanged. With charitable giving, the social rewards from giving can begin being enjoyed the moment a decision to give has been made.
Andreoni, James, Serra-Garcia, Marta
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Nonparametric Analysis of Time-Inconsistent Preferences [PDF]
SSRN Electronic Journal, 2020 AbstractThis article provides a revealed preference characterisation of quasi-hyperbolic discounting which is designed to be applied to readily available expenditure surveys. We describe necessary and sufficient conditions for the leading forms of the model and also study the consequences of the restrictions on preferences popularly used in empirical ...
Blow, Laura +2 more
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Time-Inconsistent Preferences and Social Security [PDF]
The Quarterly Journal of Economics, 2000 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Ayse Imrohoroglu +2 more
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Time-Inconsistent Preferences in General Equilibrium [PDF]
SSRN Electronic Journal, 2003 There is a growing body of research in economics that studies the consequences of time-inconsistent preferences. This paper introduces time-inconsistent preferences in a general equilibrium setting. We discuss how the standard notion of competitive equilibrium should be extended in order to allow for changes in intertemporal preferences.
Herings P. Jean-Jacques +1 more
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An Investigation of Time-Inconsistency
SSRN Electronic Journal, 2007 Preference between two future outcomes may change over time—a phenomenon labeled as time inconsistency. The term “time inconsistency” is usually used to refer to cases in which a larger-later outcome is preferred over a smaller-sooner one when both are delayed by some time, but then with the passage of time a preference switches to the smaller-sooner ...
Serdar Sayman, Ayse Öncüler
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