Non-hyperbolic discounting and dynamic preference reversal
Sign Up to like & getrecommendations! Published in 2019 at "Theory and Decision"
DOI: 10.1007/s11238-018-09683-3
Abstract: In this paper, we present a time-varying and non-stationary but non-hyperbolic discount function that explains dynamic preference reversal. The new discount function emerges from an analysis of intertemporal consumption and savings choices with mortality risk… read more here.
Keywords: dynamic preference; non hyperbolic; preference reversal; hyperbolic discounting ... See more keywords
In Search of the Preference Reversal Zone.
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DOI: 10.1027/1618-3169/a000542
Abstract: A preference reversal is observed when a preference for a larger-later (LL) reward over a smaller-sooner (SS) reward reverses as both rewards come closer in time. Preference reversals are common in everyday life and in… read more here.
Keywords: preference reversals; preference; preference reversal; search preference ... See more keywords
Evaluation Scale or Output Format: The Attentional Mechanism Underpinning Time Preference Reversal
Sign Up to like & getrecommendations! Published in 2022 at "Frontiers in Psychology"
DOI: 10.3389/fpsyg.2022.865598
Abstract: Time preference reversals refers to systematic inconsistencies between preferences and valuations in intertemporal choice. When faced with a pair of intertemporal options, people preferred the smaller-sooner option but assign a higher price to the larger-later… read more here.
Keywords: output format; time preference; preference; preference reversal ... See more keywords