"Hyperbolic" discounting: A recursive formulation and an application to economic growth
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- Orlando Gomes & Alexandra Ferreira-Lopes & Tiago Sequeira, 2014.
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Journal of Economics, Springer, vol. 113(1), pages 31-57, September.
- Orlando Gomes & Alexandra Ferreira-Lopes & Tiago Neves Sequeira, 2012. "Exponential Discounting Bias," Working Papers Series 2 12-05, ISCTE-IUL, Business Research Unit (BRU-IUL).
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Keywords
Hyperbolic discounting Quasi-hyperbolic discounting Decreasing impatience Markov perfect equilibrium Economic growth;Statistics
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