Individual Utility in a Context of Asymetric Sensitivity to Pleasure and Pain: An Interpretation of Bentham's Felicific Calculus [PDF]
This paper aims at exploring, in a formal way, Bentham's statement that “the pleasure of gaining is not equal to the evil of losing”, which belongs to those aspects of the principle of utility left aside by Jevon's reconstruction. Consequently, the agent'
Nathalie Sigot, André Lapidus
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Obesity and the Rate of Time Preference: Is there a Connection? [PDF]
We hypothesize that recent trends in U.S. and worldwide obesity are, in part, related to an increase in the marginal rate of time preference, where time preference refers to the rate at which people are willing to trade current benefit for future benefit.
Smith, Patricia K. +2 more
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The Racah algebra for groups with time reversal symmetry
, 1981 The elements of the Racah algebra for a general compact group with time reversal symmetry are developed. As time reversal is antilinear it is not possible to treat these groups by representation theory but we may instead use Wigner's theory of ...
J. D. Newmarch +3 more
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Time Preference, Time Discounting, and Smoking Decisions [PDF]
This study examines the relationship between time discounting, other sources of time preference, and intertemporal choices about smoking. Using a survey fielded for our analysis, we elicit rates of time discount from choices in financial and health ...
Dan Silverman, Frank Sloan, Ahmed Khwaja
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Predicting the Gap between Willingness to Accept and Willingness to Pay [PDF]
People report much larger willingness to accept (WTA) than willingness to pay (WTP) under a broad range of circumstances. This dissertation tries to answer the question when people will report this gap, how large the difference between the two answers ...
Roth, Gerrit
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Preference Reversal between Self-Control and Impulsivity
, 2012 To date there has been no convincing evidence for preference reversal in pigeons using concurrent-chains procedures in which the delay and amount of outcomes of choices are not confounded with their frequency.
Beeby, Emma Marie
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TIME-REVERSAL FOR TIME-VARYING ACOUSTIC COMMUNICATIONS AND A SIMPLE CHANNEL ESTIMATOR
, 2018 This research work studies and designs a proposed single-input-multiple-output (SIMO) OFDM communications system in MATLAB/Simulink environment, which discusses performance of time-reversal processing on a set of acoustic channels.
Sharma, Nitisha
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A More Realistic Endogenous Time Preference Model and the Slump in Japan [PDF]
This paper presents a more realistic endogenous time preference model, incorporating the property that impatience decreases as consumption increases. The model overcomes a serious drawback of the existing model, which needs the assumption of increasing ...
Taiji Harashima
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Explaining preference reversal with third-generation prospect theory [PDF]
, 2005 We present a new theory of decision under risk called third-generation prospect theory. A novel feature of our version of prospect theory is that, by allowing reference points to be uncertain, it is able to accommodate the phenomenon of preference ...
Sugden, Robert +2 more
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Time Preference and Preference Reversal among Experienced Subjects: The Effects of Real Payments.
Preference reversal has been frequent in tests with hypothetical, or small real, payoffs concerning lotteries as well as claims redeemable at different future dates.
Bohm, Peter
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