Consumption and Risk with hyperbolic discounting
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- Gong, Liutang & Smith, William & Zou, Heng-fu, 2007. "Consumption and Risk with hyperbolic discounting," Economics Letters, Elsevier, vol. 96(2), pages 153-160, August.
References listed on IDEAS
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Citations
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Cited by:
- Hens, Thorsten & Schindler, Nilüfer, 2020. "Value and patience: The value premium in a dividend-growth model with hyperbolic discounting," Journal of Economic Behavior & Organization, Elsevier, vol. 172(C), pages 161-179.
- Zou, Ziran & Chen, Shou & Wedge, Lei, 2014. "Finite horizon consumption and portfolio decisions with stochastic hyperbolic discounting," Journal of Mathematical Economics, Elsevier, vol. 52(C), pages 70-80.
- Łukasz Balbus & Kevin Reffett & Łukasz Woźny, 2015. "Time consistent Markov policies in dynamic economies with quasi-hyperbolic consumers," International Journal of Game Theory, Springer;Game Theory Society, vol. 44(1), pages 83-112, February.
- Liutang Gong & William Smith & Heng-fu Zou, 2007.
"Asset Prices and Hyperbolic Discounting,"
Annals of Economics and Finance, Society for AEF, vol. 8(2), pages 397-414, November.
- Liutang Gong & William Smith & Heng-fu Zou, 2011. "Asset Prices and Hyperbolic Discounting," CEMA Working Papers 486, China Economics and Management Academy, Central University of Finance and Economics.
- Orlando Gomes & Alexandra Ferreira-Lopes & Tiago Sequeira, 2014.
"Exponential discounting bias,"
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).
- Takayuki Ogawa & Hiroaki Ohno, 2024. "Hyperbolic discounting and state‐dependent commitment," Economica, London School of Economics and Political Science, vol. 91(362), pages 414-445, April.
- Greene, David L., 2011. "Uncertainty, loss aversion, and markets for energy efficiency," Energy Economics, Elsevier, vol. 33(4), pages 608-616, July.
- Balbus, Łukasz & Reffett, Kevin & Woźny, Łukasz, 2018.
"On uniqueness of time-consistent Markov policies for quasi-hyperbolic consumers under uncertainty,"
Journal of Economic Theory, Elsevier, vol. 176(C), pages 293-310.
- Lukasz Balbus & Kevin Reffett & Lukasz Wozny, 2016. "On uniqueness of time-consistent Markov policies for quasi-hyperbolic consumers under uncertainty," KAE Working Papers 2016-020, Warsaw School of Economics, Collegium of Economic Analysis.
- Farzin, Y. Hossein & Wendner, Ronald, 2013.
"Saving Rate Dynamics in the Neoclassical Growth Model – Hyperbolic Discounting and Observational Equivalence,"
MPRA Paper
45518, University Library of Munich, Germany.
- Y. Hossein Farzin & Ronald Wendner, 2013. "Saving Rate Dynamics in the Neoclassical Growth Model – Hyperbolic Discounting and Observational Equivalence," Working Papers 2013.42, Fondazione Eni Enrico Mattei.
- Farzin, Y. Hossein & Wendner, Ronald, 2013. "Saving Rate Dynamics in the Neoclassical Growth Model – Hyperbolic Discounting and Observational Equivalence," Economy and Society 150373, Fondazione Eni Enrico Mattei (FEEM).
- repec:grz:wpaper:2013-05 is not listed on IDEAS
- Palacios Huerta, Ignacio & Pérez Kakabadse, Alonso, 2013. "Consumption and portfolio rules whit stochastic hyperbolic discounting," IKERLANAK http://www-fae1-eao1-ehu-, Universidad del País Vasco - Departamento de Fundamentos del Análisis Económico I.
- Chen, Shumin & Luo, Dan & Yao, Haixiang, 2024. "Optimal investor life cycle decisions with time-inconsistent preferences," Journal of Banking & Finance, Elsevier, vol. 161(C).
- Amanda King & John King, 2011. "Golden eggs versus plastic eggs: hyperbolic preferences and the persistence of debit," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 35(1), pages 93-103, January.
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More about this item
Keywords
Consumption; Uncertainty; Hyperbolic discounting;All these keywords.
JEL classification:
- D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
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