A Vague Theory of Choice over Time

Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/20491

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DC Field	Value	Language
dc.creator	Manzini, Paola	-
dc.creator	Mariotti, Marco	-
dc.date	2004	-
dc.date.accessioned	2013-10-16T07:10:47Z	-
dc.date.available	2013-10-16T07:10:47Z	-
dc.date.issued	2013-10-16	-
dc.identifier	http://hdl.handle.net/10419/20491	-
dc.identifier	ppn:393548368	-
dc.identifier.uri	http://koha.mediu.edu.my:8181/xmlui/handle/10419/20491	-
dc.description	We propose a novel approach to modelling time preferences, based on a cognitive shortcoming of human decision makers: the perception of future events becomes increasingly ?blurred? as the events are pushed further in time. We axiomatise a class of preference representations which can be specialised to rationalise ?anomalies? such as preference reversals and cyclical preferences. We also present an application to a form of time inconsistency which we dub ?the now or never fallacy?.	-
dc.language	eng	-
dc.publisher		-
dc.relation	IZA Discussion paper series 1228	-
dc.rights	http://www.econstor.eu/dspace/Nutzungsbedingungen	-
dc.subject	D90	-
dc.subject	C70	-
dc.subject	A12	-
dc.subject	ddc:330	-
dc.subject	time preferences	-
dc.subject	hyperbolic discounting	-
dc.subject	preference reversal	-
dc.subject	cycles	-
dc.subject	intransitive preferences	-
dc.subject	Zeitpräferenz	-
dc.subject	Verhaltensökonomik	-
dc.subject	Präferenztheorie	-
dc.subject	Zeitkonsistenz	-
dc.subject	Theorie	-
dc.subject	now or never fallacy	-
dc.title	A Vague Theory of Choice over Time	-
dc.type	doc-type:workingPaper	-
Appears in Collections:	EconStor

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