Delay Effect and Subadditivity. Proposal of a New Discount Function: The Asymmetric Exponential Discounting

The framework of this paper is intertemporal choice and, more specifically, the so-called delay effect. Traditionally, this anomaly, also known as decreasing impatience, has been revealed when individuals reverse their preferences over monetary or non-monetary rewards. In this manuscript, we will an...

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Main Authors: Cruz Rambaud, Salvador, Ortiz Fernández, Piedad
格式: info:eu-repo/semantics/article
语言:English
出版: MDPI 2020
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在线阅读:http://hdl.handle.net/10835/7856