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The Evolutionary Theory of Time Preferences and Intergenerational Transfers

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NBER2008-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w14185
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At each age an organism produces energy by foraging and allocates this energy among reproduction, survival, growth, and intergenerational transfers. We characterize the optimal set of allocation decisions that maximizes reproductive fitness. Time preference (the discount rate) is derived from the
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2008-07-01
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