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SIMILARITY JUDGMENTS AND ANOMALIES IN INTERTEMPORAL CHOICE
Author(s) -
Leland Jonathan W.
Publication year - 2002
Publication title -
economic inquiry
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.823
H-Index - 72
eISSN - 1465-7295
pISSN - 0095-2583
DOI - 10.1093/ei/40.4.574
Subject(s) - similarity (geometry) , economics , reflection (computer programming) , intertemporal choice , econometrics , mathematical economics , positive economics , microeconomics , computer science , artificial intelligence , image (mathematics) , programming language
This article demonstrates that choices based on similarity judgments will exhibit not only common ratio and reflection effects under uncertainty but also common difference and reflection effects in intertemporal contexts.