Arbeitspapier
A comment on Galperti and Strulovici (2017)
The analysis in Galperti and Strulovici (2017) relies on two axioms that appear normatively and descriptively very appealing. Notably, these two axioms, taken together with some standard axioms, imply a failure of dynamic consistency. The current comment argues that the two axioms are less normatively and descriptively appealing than they seem. Thus, the challenge to dynamic consistency posed by Galperti and Strulovici is less convincing than it first appears.
- Language
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Englisch
- Bibliographic citation
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Series: Working Paper ; No. 920
- Classification
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Wirtschaft
Microeconomic Behavior: Underlying Principles
Welfare Economics: General
Altruism; Philanthropy; Intergenerational Transfers
- Subject
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intergenerational choice
intertemporal choice
dynamic consistency
- Event
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Geistige Schöpfung
- (who)
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Ivanov, Asen
- Event
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Veröffentlichung
- (who)
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Queen Mary University of London, School of Economics and Finance
- (where)
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London
- (when)
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2021
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Ivanov, Asen
- Queen Mary University of London, School of Economics and Finance
Time of origin
- 2021