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Inconsistency of Time-symmetry Model
Can physical objects be in time-symmetry? Physical objects can only exist in a medium that has physical attributes, which means this medium is a type of energy. Is time energy? This article will show that time is not energy and there is no possibility that physical objects could be in time-symmetry.
Srečko Šorli, Štefan Čelan
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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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Time‐inconsistent contract theory
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 Inconsistency and Retirement Choice [PDF]
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
T. Scott Findley, Frank N. Caliendo
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A Note on Time Inconsistency and Endogenous Exits from a Currency Union
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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An Investigation of Time-Inconsistency
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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Decreasing Impatience for Health Outcomes and Its Relation With Healthy Behavior
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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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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Time-Inconsistent Charitable Giving [PDF]
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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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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