Subjective random discounting and intertemporal choice

DOI10.1016/j.jet.2008.09.002zbMath1160.91330OpenAlexW4238443166MaRDI QIDQ1017781

Norio Takeoka, Youichiro Higashi, Kazuya Hyogo

Publication date: 12 May 2009

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jet.2008.09.002

zbMATH Keywords

preference for flexibilitysubjective statessecond-order stochastic dominancerandom discounting

Mathematics Subject Classification ID

Utility theory (91B16)

Related Items (11)

Comparative impatience under random discounting ⋮ Random intertemporal choice ⋮ Costly information and random choice ⋮ Subjective information choice processes ⋮ A theory of subjective learning ⋮ Trading dynamics in decentralized markets with adverse selection ⋮ Coexistence of money and interest-bearing bonds ⋮ Motivated naivete ⋮ Uncertain discount and hyperbolic preferences ⋮ Stochastic endogenous time preference ⋮ Indecisiveness, preference for flexibility, and a unique subjective state space

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