Collective Intertemporal Choice: the Possibility of Time Consistency
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https://www.nber.org/papers/w22524
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Recent work on collective intertemporal choice suggests that non-dictatorial social preferences are generically time inconsistent. We argue that this claim conflates time consistency with two distinct properties of preferences: stationarity and time invariance. While the conjunction of time
提供机构：
美国国家经济研究局
创建时间：
2016-08-01
