Myopia and Discounting
收藏NBER2017-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w23254
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资源简介：
We study perfectly patient agents who estimate the value of future events by generating noisy, unbiased simulations and combining those signals with priors to form posteriors. These posterior expectations exhibit as-if discounting: agents make choices as if they were maximizing a stream of known
提供机构：
美国国家经济研究局
创建时间：
2017-03-01
