2 papers
econ.GN2017
Hyperbolic Discounting of the Far-Distant Future
Nina Anchugina, Matthew Ryan, Arkadii Slinko
We prove an analogue of Weitzman's (1998) famous result that an exponential discounter who is uncertain of the appropriate exponential discount rate should discount the far-distant…
econ.GN2016
Aggregating time preferences with decreasing impatience
Nina Anchugina, Matthew Ryan, Arkadii Slinko
It is well-known that for a group of time-consistent decision makers their collective time preferences may become time-inconsistent. Jackson and Yariv (2014) demonstrated that the…