Environmental Choices and Hyperbolic Discounting: An Experimental Analysis
نویسندگان
چکیده
منابع مشابه
Hyperbolic Discounting: An Experimental Analysis
In this paper we elicit preferences for discounting via experimental techniques. We then estimate a general speci cation of discounting that nests exponential and hyperbolic discounting, as well as various forms of present bias, including quasihyperbolic discounting. The data strongly favor a speci cation with a small present bias in the form of a xed cost, of the order of $4 on average across...
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ژورنال
عنوان ژورنال: Environmental and Resource Economics
سال: 2014
ISSN: 0924-6460,1573-1502
DOI: 10.1007/s10640-014-9816-6