Results 11 to 20 of about 709,671 (301)
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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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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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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Time inconsistent resource conservation contracts [PDF]
Journal 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
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Decreasing Impatience for Health Outcomes and Its Relation With Healthy Behavior
Frontiers 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
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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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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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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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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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