MD6 WHAT IS “TIME” IN TIME PREFERENCE STUDIES?
نویسندگان
چکیده
منابع مشابه
Time Preference and its Effects on Intertemporal
Time preference has a peculiar role in determining the level of economic activities. Time preferenceis the most important origin of interest rate. In this paper we study the founders and defenders'viewpoints about time preference and then we try to criticize them. It seems that discounting futureutilities is resulting from irrationality and it is ethically indefensible too. From mathematical as...
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As the capacity to summarize of the preference map diminishes with the number of consumers (the number of axes to interpret increases), a non-metric PCA is sometimes used to reduce the number of necessary axes. The non-metric PCA consists of a monotone transform of the data so that the variability explained by the k (k=2 or 3) first axes is maximized. This transform implies that we consider the...
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This study examines the relationship between time discounting, other sources of time preference, and choices about smoking. Using a survey fielded for our analysis, we elicit rates of time discount from choices in financial and health domains. We also examine the relationship between other determinants of time preference and smoking status. We find very high rates of time discount in the financ...
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ژورنال
عنوان ژورنال: Value in Health
سال: 2002
ISSN: 1098-3015
DOI: 10.1016/s1098-3015(10)61231-4