Management of a capital stock by Strotz's naive planner

DOI10.1016/j.jedc.2007.09.019zbMath1181.91058OpenAlexW2236264938MaRDI QIDQ844710

Christopher J. Tyson

Publication date: 19 January 2010

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2007.09.019

zbMATH Keywords

consumptiontime preferencecommitmenthyperbolic discounting

Mathematics Subject Classification ID

Decision theory (91B06)

Related Items

Growth and distribution in a model with endogenous time preferences and borrowing constraints

Uses Software

• Mathematica

Cites Work

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