Results 11 to 20 of about 165,476 (262)

A stochastic linear-quadratic differential game with time-inconsistency

open access: yesElectronic Research Archive, 2022
We consider a general stochastic linear-quadratic differential game with time-inconsistency. The time-inconsistency arises from the presence of quadratic terms of the expected state as well as state-dependent term in the objective functionals.
Qinglong Zhou, Gaofeng Zong
doaj   +1 more source

Time Inconsistency and Retirement Choice [PDF]

open access: yesSSRN Electronic Journal, 2013
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
T. Scott Findley, Frank N. Caliendo
openaire   +3 more sources

Nonparametric Analysis of Time-Inconsistent Preferences [PDF]

open access: yesSSRN 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
openaire   +7 more sources

How time-inconsistent preferences influence venture capital exit decisions? A new perspective for grandstanding

open access: yesFinancial 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
doaj   +1 more source

Time-Inconsistent Preferences and Social Security [PDF]

open access: yesThe Quarterly Journal of Economics, 2000
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Ayse Imrohoroglu   +2 more
openaire   +3 more sources

Logical inconsistencies in time trade-off valuation of EQ-5D-5L health states: Whose fault is it? [PDF]

open access: yesPLoS ONE, 2017
Inconsistency in the time trade-off (TTO) task in EQ-5D-5L occurs when a respondent gives a higher value to a logically worse health state, the occurrence of inconsistency compromises the quality of the data.
Zhihao Yang   +4 more
doaj   +1 more source

Time inconsistent resource conservation contracts [PDF]

open access: yesJournal of Environmental Economics and Management, 2006
Abstract Are certain types of commonly observed resource conservation contracts inefficient? In this paper we construct a model embodying realistic characteristics of resource contracts. We find that resource contracts that share these characteristics are economically inefficient.
Gulati, Sumeet, Vercammen, James
openaire   +2 more sources

Decreasing Impatience for Health Outcomes and Its Relation With Healthy Behavior

open access: yesFrontiers in Applied Mathematics and Statistics, 2018
There is a growing amount of literature suggesting people tend to behave inconsistently over time, which is driven by decreasing impatience. In addition, many studies have found relations between discounting estimates from experiments and field behavior,
Arthur E. Attema, Stefan A. Lipman
doaj   +1 more source

A Note on Time Inconsistency and Endogenous Exits from a Currency Union

open access: yesGames, 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
doaj   +1 more source

Quantification of Aversion to Uncertainty in Intertemporal Choice through Subjective Perception of Time

open access: yesMathematics, 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
doaj   +1 more source

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