Magnitude effect in intertemporal allocation tasks
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DOI: 10.1007/s10683-021-09723-w
Abstract: Intertemporal choices are affected by both discount rate and utility curvature. We investigate how the two aspects of time preference are affected by the size of the total budget using an intertemporal allocation task. At… read more here.
Keywords: allocation; allocation tasks; magnitude effect; effect intertemporal ... See more keywords
The isomorphism hypothesis: The prisoner's dilemma as intertemporal allocation, and vice versa
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Economic Behavior and Organization"
DOI: 10.1016/j.jebo.2018.10.020
Abstract: Abstract Economists model the choice of the current self in intertemporal allocation as the outcome of identity: the current and future selves belong to the same decision maker by the sheer fact they reside in… read more here.
Keywords: prisoner dilemma; identity; intertemporal allocation; rational strategy ... See more keywords