Discounting and altruism to future decision-makers
نویسندگان
چکیده
منابع مشابه
Discounting and altruism to future decision-makers
Can a generation’s discounting of future generations’ consumption utilities be interpreted as “pure” altruism towards future generations, that is, a concern that these are better off according to their likewise forward-looking preferences? It turns out that the answer is positive for many but not all discount functions used in the economics literature. In particular, traditional exponential dis...
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According to evolutionary psychologists, human pro-social behaviour is regulated by evolutionarily developed psychological mechanisms whose role is to solve adaptive problems. The same reasoning can be applied to social discounting, i.e. subjective devaluation of a reward which must be shared with one or more people. Based on reciprocal altruism and inclusive fitness theories, hypotheses were f...
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ژورنال
عنوان ژورنال: Journal of Economic Theory
سال: 2005
ISSN: 0022-0531
DOI: 10.1016/j.jet.2004.06.003