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