Results 231 to 240 of about 177,977 (258)
Some of the next articles are maybe not open access.
On the benefits of time-inconsistent preferences
Journal of Economic Behavior & Organization, 2019Why are time-inconsistent preferences widespread among decision makers? This paper provides a possible explanation by showing that time-inconsistent preferences could be beneficial for decision makers that work together. Time-inconsistent preferences – which are usually blamed for having detrimental effects – can thus be advantageous for the ...
openaire +1 more source
Obesity and time-inconsistent preferences
Obesity Research & Clinical Practice, 2008As obesity becomes a major health and economic issue of the current age, interventions and policies are being targeted to influence individuals' diet and exercise behaviors. Examining the deviations of reality from a baseline model of rational choice provides insights into the economic rationales for interventions to modify individuals' choices.
openaire +3 more sources
Time-inconsistency of VaR and time-consistent alternatives
Finance Research Letters, 2007We show that VaR (Value-at-Risk) is not time-consistent and discuss examples where this can lead to dynamically inconsistent behavior. Then we propose two time-consistent alternatives to VaR. The first one is a composition of one-period VaR's. It is time-consistent but not coherent. The second one is a composition of average VaR's.
Cheridito, P., Stadje, M.A.
openaire +1 more source
Time-Inconsistent Stopping in Discrete Time
2021We now go on to study a class of time-inconsistent stopping problems in discrete time. We start by defining the concepts of Markovian stopping strategies and subgame-perfect Nash equilibrium stopping strategies. Following similar steps to those in the control case, we then proceed to derive an extension of the standard Wald–Bellman equation to a non ...
Tomas Björk +2 more
openaire +1 more source
Time-Inconsistent Stopping in Continuous Time
2021We now turn to the case of time-inconsistent stopping problems in continuous time. We start by formulating the problem and formally defining the continuous-time equilibrium concept. In order to derive the relevant extension of variational inequalities for the time-inconsistent problem, we discretize (to some extent) the continuous-time problem, use our
Tomas Björk +2 more
openaire +1 more source
Intentional time inconsistency
Theory and Decision, 2018zbMATH Open Web Interface contents unavailable due to conflicting licenses.
openaire +1 more source
Checking MSC specifications for timing inconsistency
Journal of Computer Science and Technology, 2002zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Xuandong Li, Wenkai Tan, Guoliang Zheng
openaire +1 more source
Sexual Reproduction and Time-Inconsistent Preferences
SSRN Electronic Journal, 2005Discounting of future payoffs can be given an evolutionary explanation by noting that, from the point of view of the gene, the offspring of its carrier will itself have the gene with probability less than one. Because humans used to live in small groups, with a high degree of inter-relatedness, this probability may have been greater than one-half. This
openaire +1 more source
Measuring inconsistency in some branching time logics
Journal of Applied Non-Classical Logics, 2021John Grant
exaly