Bounded awareness and anomalies in intertemporal choice: Zooming in Google Earth as both metaphor and model
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DOI: 10.1007/s11166-017-9254-2
Abstract: This paper draws on recent developments in the theory of choice under uncertainty to model anomalies in intertemporal choice. Cognitive limitations leading to hyperbolic discounting and magnitude effects in intertemporal choice may be described in… read more here.
Keywords: bounded awareness; google earth; intertemporal choice; model ... See more keywords