Results 61 to 70 of about 180,057 (202)
Time inconsistency and alcohol sales restrictions [PDF]
Restrictions on alcohol sales hours or days are commonly used tools in order to reduce alcohol consumption. However, a forward-looking consumer can buy in advance, and thereby mostly undo the impact of the restriction. I study whether time inconsistent consumer preferences can provide a justification for restrictions on alcohol sales time. I estimate a
openaire +1 more source
Time-Inconsistency and Welfare [PDF]
Self-control devices, such as rehabilitation programs, group commitment, and informal fines, can make time-inconsistent smokers better off. Health economists have used this result to argue in favor of cigarette taxes that restrain smoking. However, taxes
Darius Lakdawalla, Jay Bhattacharya
core
Teaching Time-Inconsistency Consistently
This paper places Kydland and Prescott's classic analysis of time inconsistency in a fuller context by examining their result in five different economic environments. Pedagogically, the paper uses a consistent mathematical treatment of the subject throughout. To understand the motivations of the central bank, the paper begins with the environment that
openaire +3 more sources
Computational Issues in Time-Inconsistent Planning
Time-inconsistency refers to a paradox in decision making where agents exhibit inconsistent behaviors over time. Examples are procrastination where agents tend to postpone easy tasks, and abandonments where agents start a plan and quit in the middle.
Tang, Pingzhong +4 more
openaire +2 more sources
According to the author, the emphasis authors currently tend to place on the ‘surprise effect’ in order to argue for the independence of central banks is to a large extent unjustified. The main arguments for the independence of a central bank are others:
B. JOSSA
doaj +1 more source
Time Inconsistency of Trade Policy and Multilateralism [PDF]
In this paper we address the issue of multilateralism versus bilateralism in a situation where a home government's optimal policy is time-inconsistent and the time-consistent policy sub-optimal.
Mohammad Amin
core
Robust time-inconsistent stochastic control problems [PDF]
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
openaire +2 more sources
Time-inconsistency and Welfare Program Participation: Evidence from the NLSY [PDF]
We empirically implement a dynamic structural model of labor supply and welfare program participation for agents with potentially time-inconsistent preferences.
Dan Silverman, Hanming Fang
core +3 more sources
The time-inconsistency of alternative energy policy [PDF]
Time-inconsistency can arise when a government attempts to convince private sector to use a particular alternative energy (gas, green electricity...) rather than petroleum products.
Agnes dArtigues +2 more
core
A Stepwise Calibration of Global DMSP/OLS Stable Nighttime Light Data (1992–2013)
The Defense Meteorological Satellite Program (DMSP)/Operational Linescan System (OLS) stable nighttime light (NTL) data provide a wide range of potentials for studying global and regional dynamics, such as urban sprawl and electricity consumption ...
Xuecao Li, Yuyu Zhou
doaj +1 more source

