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SSRN Electronic Journal, 2023
Abstract A large literature shows that people’s valuation of delayed financial rewards violates exponential discounting, exhibiting a hyperbolic pattern: high short-run impatience that strongly decreases in the length of the delay. We test the hypothesis that the hyperbolic pattern in measured discount rates over money reflects mistakes ...
Benjamin Enke +2 more
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Abstract A large literature shows that people’s valuation of delayed financial rewards violates exponential discounting, exhibiting a hyperbolic pattern: high short-run impatience that strongly decreases in the length of the delay. We test the hypothesis that the hyperbolic pattern in measured discount rates over money reflects mistakes ...
Benjamin Enke +2 more
openaire +2 more sources
Separating Nondeterministic Time Complexity Classes
Journal of the ACM, 1978AaSTancr. A recurslve padding technique is used to obtain conditions sufficient for separation of nondetermlmsttc multltape Turlng machine time complexity classes If T2 is a running time and Tl(n + 1) grows more slowly than T~(n), then there is a language which can be accepted nondetermmlstlcally within time bound T~ but which cannot be accepted ...
Seiferas, Joel I. +2 more
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Visualizing Complex Notions of Time
2001Time plays an important role in medicine. Conditions are not just evaluated at single instants in time, but traced over periods. Medications must be administered within specified temporal limits, and their effects observed with regard to time.
R, Kosara, S, Miksch
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Complex Interaction Times in Time-Dependent Scattering Problems
Europhysics Letters (EPL), 1988The adiabatic criterion for a tunnelling particle interacting with an a.c. field is formulated. The adiabaticity condition is shown to involve two complex-valued time parameters, one of which is the quantum traversal time discussed recently. The two time parameters have analogues in the theory of classical Brownian motion, which guides the physical ...
Sokolovski, D., Hänggi, Peter
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Complexity of Categorical Time Series
Sociological Methods & Research, 2010Categorical time series, covering comparable time spans, are often quite different in a number of aspects: the number of distinct states, the number of transitions, and the distribution of durations over states. Each of these aspects contributes to an aggregate property of such series that is called complexity.
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We provide experimental evidence that core intertemporal choice anomalies – including extreme short-run impatience, structural estimates of present bias, hyperbolicity and transitivity violations – are driven by complexity rather than time or risk preferences.
Enke, Benjamin +7 more
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Enke, Benjamin +7 more
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