| 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 |
|