Artikel
Delay aversion
We address the following question: When can one person properly be said to be more delay averse than another? In reply, several (nested) comparison methods are developed. These methods yield a theory of delay aversion which parallels that of risk aversion. The applied strength of this theory is demonstrated in a variety of dynamic economic settings, including the classical optimal growth and tree cutting problems, repeated games, and bargaining. Both time-consistent and time-inconsistent scenarios are considered.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Theoretical Economics ; ISSN: 1555-7561 ; Volume: 2 ; Year: 2007 ; Issue: 1 ; Pages: 71-113 ; New York, NY: The Econometric Society
- Klassifikation
-
Wirtschaft
Consumer Economics: Theory
Micro-Based Behavioral Economics: General‡
- Thema
-
Delay aversion
impatience
consumption smoothing
time consistency
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Ok, Efe A.
Benoît, Jean-Pierre
- Ereignis
-
Veröffentlichung
- (wer)
-
The Econometric Society
- (wo)
-
New York, NY
- (wann)
-
2007
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
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Objekttyp
- Artikel
Beteiligte
- Ok, Efe A.
- Benoît, Jean-Pierre
- The Econometric Society
Entstanden
- 2007
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