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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Bibliographic Details
Main Authors: Cruz Rambaud, Salvador, Ortiz Fernández, Piedad
Format: info:eu-repo/semantics/article
Language:English
Published: MDPI 2020
Subjects:
Online Access:http://hdl.handle.net/10835/7856