Results 171 to 180 of about 20,237,951 (226)
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The developmental origins of risk and time preferences across diverse societies.
Journal of experimental psychology. General, 2020Risk and time preferences have often been viewed as reflecting inherent traits such as impatience and self-control. Here, we offer an alternative perspective, arguing that they are flexible and environmentally informed.
Dorsa Amir +7 more
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Cognitive Psychology, 2019
We re-examine behavioral patterns of intertemporal choice with recognition that time preferences may be inherently variable, focusing in particular on the explanatory power of an exponential discounting model with variable discount factors - the variable exponential model.
Lisheng He +2 more
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We re-examine behavioral patterns of intertemporal choice with recognition that time preferences may be inherently variable, focusing in particular on the explanatory power of an exponential discounting model with variable discount factors - the variable exponential model.
Lisheng He +2 more
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Journal of Political Economy, 1981
The case for positive time preference is absolutely compelling, unless there is an infinite time horizon with the expectation of unending technological advance combined with what we call "drastically diminishing marginal utility." This finding holds both in the positive and normative senses. A corollary is that savings are interest elastic.
Olson, Mancur, Bailey, Martin J
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The case for positive time preference is absolutely compelling, unless there is an infinite time horizon with the expectation of unending technological advance combined with what we call "drastically diminishing marginal utility." This finding holds both in the positive and normative senses. A corollary is that savings are interest elastic.
Olson, Mancur, Bailey, Martin J
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An investigation of financial literacy, money ethics and time preferences among college students
International Journal of Bank Marketing, 2019Purpose Financial literacy has a strong influence on financial well-being, and it is a concept especially important for college students who start to develop their financial habits.
Asli Elif Aydin, Elif Akben Selcuk
semanticscholar +1 more source
International Economic Review, 1993
Summary: This paper proposes a utility function incorporating both habit formation and an endogenous rate of time preference in a manner consistent with the intuition of Irving Fisher regarding the influence of past consumption on impatience. It is shown that the new specification is tractable and generates new predictions in the context of three model
Shi, Shouyong, Epstein, Larry G
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Summary: This paper proposes a utility function incorporating both habit formation and an endogenous rate of time preference in a manner consistent with the intuition of Irving Fisher regarding the influence of past consumption on impatience. It is shown that the new specification is tractable and generates new predictions in the context of three model
Shi, Shouyong, Epstein, Larry G
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Pacific Philosophical Quarterly, 2011
AbstractPure time preference is a preference for something to come at one point in time rather than another merely because of when it occurs in time. In opposition to Sidgwick, Ramsey, Rawls, and Parfit we argue that it is not always irrational to be guided by pure time preferences. We argue that even if the mere difference of location in time is not a
Lowry, R.J., Peterson, M.B.
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AbstractPure time preference is a preference for something to come at one point in time rather than another merely because of when it occurs in time. In opposition to Sidgwick, Ramsey, Rawls, and Parfit we argue that it is not always irrational to be guided by pure time preferences. We argue that even if the mere difference of location in time is not a
Lowry, R.J., Peterson, M.B.
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2023
This comprehensive Dictionary brings together an extensive range of definitive terms in ecological economics. Assembling contributions from distinguished scholars, it provides an intellectual map to this evolving subject ranging from the practical to the philosophical.
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This comprehensive Dictionary brings together an extensive range of definitive terms in ecological economics. Assembling contributions from distinguished scholars, it provides an intellectual map to this evolving subject ranging from the practical to the philosophical.
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Time preferences, diabetes self‐management behaviours and outcomes: a systematic review
Diabetic Medicine, 2019Time preferences, i.e. individuals’ degree of patience/impatience in intertemporal choice, have been found to be associated with suboptimal health behaviours and health outcomes such as smoking, physical inactivity, unhealthy food intake and obesity.
K. P. Madsen +4 more
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Journal of Population Economics, 2000 The observed practice of discounting the future should not be rationalised on the grounds of myopia or selfishness. A positive rate of pure time preference is necessary to ensure that heterogeneous generations are treated in an egalitarian fashion. A zero social discount rate would yield intertemporal allocations which are biased against the current ...
MARINI, GIANCARLO +1 more
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Journal of Risk and Uncertainty, 2017
We here estimate a number of alternatives to discounted-utility theory, such as quasi-hyperbolic discounting, generalized hyperbolic discounting, and rank-dependent discounted utility with three different models of probabilistic choice.
Pavlo R. Blavatskyy, Hela Maafi
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We here estimate a number of alternatives to discounted-utility theory, such as quasi-hyperbolic discounting, generalized hyperbolic discounting, and rank-dependent discounted utility with three different models of probabilistic choice.
Pavlo R. Blavatskyy, Hela Maafi
semanticscholar +1 more source