Arbeitspapier

Never mind the hyperbolics: Nonparametric analysis of time-inconsistent preferences

We investigate necessary and sufficient nonparametric conditions for the quasi-hyperbolic consumer. These turn out to be quite tractable. We investigate the performance of this model compared to the standard exponential discounting model using consumer panel data.

Language
Englisch

Bibliographic citation
Series: IFS Working Papers ; No. W14/17

Classification
Wirtschaft
Index Numbers and Aggregation; Leading indicators
Consumer Economics: Theory
Subject
quasi-hyperbolic discounting
revealed preference

Event
Geistige Schöpfung
(who)
Blow, Laura
Browning, Martin
Crawford, Ian
Event
Veröffentlichung
(who)
Institute for Fiscal Studies (IFS)
(where)
London
(when)
2014

DOI
doi:10.1920/wp.ifs.2014.1416
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Blow, Laura
  • Browning, Martin
  • Crawford, Ian
  • Institute for Fiscal Studies (IFS)

Time of origin

  • 2014

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