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https://hdl.handle.net/10419/20491
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DC Field | Value | Language |
---|---|---|
dc.contributor.author | Manzini, Paola | en |
dc.contributor.author | Mariotti, Marco | en |
dc.date.accessioned | 2009-01-28T16:14:30Z | - |
dc.date.available | 2009-01-28T16:14:30Z | - |
dc.date.issued | 2004 | - |
dc.identifier.uri | http://hdl.handle.net/10419/20491 | - |
dc.description.abstract | We propose a novel approach to modelling time preferences, based on a cognitiveshortcoming of human decision makers: the perception of future events becomesincreasingly ?blurred? as the events are pushed further in time. We axiomatise a class ofpreference representations which can be specialised to rationalise ?anomalies? such aspreference reversals and cyclical preferences. We also present an application to a form oftime inconsistency which we dub ?the now or never fallacy?. | en |
dc.language.iso | eng | en |
dc.publisher | |aInstitute for the Study of Labor (IZA) |cBonn | en |
dc.relation.ispartofseries | |aIZA Discussion Papers |x1228 | en |
dc.subject.jel | D90 | en |
dc.subject.jel | C70 | en |
dc.subject.jel | A12 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | time preferences | en |
dc.subject.keyword | hyperbolic discounting | en |
dc.subject.keyword | preference reversal | en |
dc.subject.keyword | cycles | en |
dc.subject.keyword | intransitive preferences | en |
dc.subject.stw | Zeitpräferenz | en |
dc.subject.stw | Verhaltensökonomik | en |
dc.subject.stw | Präferenztheorie | en |
dc.subject.stw | Zeitkonsistenz | en |
dc.subject.stw | Theorie | en |
dc.subject.stw | now or never fallacy | en |
dc.title | A Vague Theory of Choice over Time | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 393548368 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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