منابع مشابه
Do It Today or Do It Tomorrow: Empirical Non-exponential Discounting Explained by Symmetry Ideas
At first glance, it seems to make sense to conclude that when a 1 dollar reward tomorrow is equivalent to a D < 1 dollar reward today, the day-after-tomorrow’s 1 dollar reward would be equivalent to D ·D = D dollars today, and, in general, a reward after time t is equivalent to D(t) = D dollars today. This exponential discounting function D(t) was indeed proposed by the economists, but it does ...
متن کاملDiscounting pain in the absence of medical evidence is explained by negative evaluation of the patient.
This study investigated the effect on observer responses of the presence/absence of information about medical evidence for pain and psychosocial influences on the patient's pain experience. Additionally, the moderating role of the patient's pain expressions and the mediating role of the observer's belief in deception and evaluation of the patient was examined. Sixty-two participants were presen...
متن کاملDo It Today Or Do It Tomorrow: Empirical Non-Exponential Discounting Explained by Symmetry and Fuzzy Ideas
At first glance, it seems to make sense to conclude that when a 1 dollar reward tomorrow is equivalent to a D < 1 dollar reward today, the day-after-tomorrow’s 1 dollar reward would be equivalent to D ·D = D dollars today, and, in general, a reward after time t is equivalent to D(t) = D dollars today. This exponential discounting function D(t) was indeed proposed by the economists, but it does ...
متن کاملPricing & Hedging Interest Rate Derivatives Decoupling Forwarding and Discounting Yield Curves
In this paper we revisit the problem of pricing and hedging plain vanilla singlecurrency interest rate derivatives using different yield curves for market coherent estimation of discount factors and forward rates with different underlying rate tenors (e.g. Euribor 3 months, 6 months,.etc.). Within such double-curve-single-currency framework, adopted by the market after the liquidity crisis star...
متن کاملEcological discounting
Which rates should we use to discount costs and benefits of different nature at different time horizons? We answer to this question by considering a representative agent consuming two goods whose availability evolves over time in a stochastic way. We extend the Ramsey rule by taking into account of the degree of substitutability between the two goods and of the uncertainty surrounding the econo...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2017
ISSN: 1556-5068
DOI: 10.2139/ssrn.3092447