Collective Investment Decision Making with Heterogeneous Time Preferences
收藏NBER2003-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w9629
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资源简介：
We examine the investment decision problem of a group whose members have heterogeneous time preferences. In particular, they have different discount factors for utility, possibly not exponential. We characterize the properties of efficient allocations of resources and of shadow prices that would
提供机构：
美国国家经济研究局
创建时间：
2003-04-01
