Complexity and Hyperbolic Discounting
收藏NBER2023-03-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w31047
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资源简介:
A large literature shows that people discount financial rewards hyperbolically instead of exponentially. While discounting of money has been questioned as a measure of time preferences, it continues to be highly relevant in empirical practice and predicts a wide range of real-world behaviors,
提供机构:
美国国家经济研究局
创建时间:
2023-03-01



