Impatience and Time Inconsistency in Discounting Models | Zendy

Haewon Yoon | Zendy

AI Assistant Blog Pricing

Home ZAIA Blog

Open Access

Impatience and Time Inconsistency in Discounting Models

Author(s) -

Haewon Yoon

Publication year - 2020

Publication title -

management science

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 4.954

H-Index - 255

eISSN - 1526-5501

pISSN - 0025-1909

DOI - 10.1287/mnsc.2019.3496

Subject(s) - dynamic inconsistency , temptation , hyperbolic discounting , time preference , intertemporal choice , economics , patience , discounting , consumption (sociology) , preference , constant (computer programming) , contrast (vision) , econometrics , extant taxon , temporal discounting , psychology , microeconomics , social psychology , computer science , social science , finance , artificial intelligence , evolutionary biology , sociology , programming language , biology

Extant theories of intertemporal choice entangle two aspects of time preference: impatience and time inconsistency. Impatient people focus on present consumption without worrying too much about the...

The content you want is available to Zendy users.

Already have an account? Click here to sign in.

Having issues? You can contact us here

Accelerating Research