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
Englisch

Bibliographic citation
Series: Working Paper ; No. 920

Classification
Wirtschaft
Microeconomic Behavior: Underlying Principles
Welfare Economics: General
Altruism; Philanthropy; Intergenerational Transfers
Subject
intergenerational choice
intertemporal choice
dynamic consistency

Event
Geistige Schöpfung
(who)
Ivanov, Asen
Event
Veröffentlichung
(who)
Queen Mary University of London, School of Economics and Finance
(where)
London
(when)
2021

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Ivanov, Asen
  • Queen Mary University of London, School of Economics and Finance

Time of origin

  • 2021

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