Global Information Lookup Global Information

Intertemporal choice information


Intertemporal choice is the study of the relative value people assign to two or more payoffs at different points in time. This relationship is usually simplified to today and some future date. Intertemporal choice was introduced by John Rae in 1834 in the "Sociological Theory of Capital". Later, Eugen von Böhm-Bawerk in 1889 and Irving Fisher in 1930 elaborated on the model.

and 29 Related for: Intertemporal choice information

Request time (Page generated in 0.7817 seconds.)

Intertemporal choice

Last Update:

Intertemporal choice is the study of the relative value people assign to two or more payoffs at different points in time. This relationship is usually...

Word Count : 267

Intertemporal portfolio choice

Last Update:

Intertemporal portfolio choice is the process of allocating one's investable wealth to various assets, especially financial assets, repeatedly over time...

Word Count : 1937

Decision theory

Last Update:

probabilities is severely biased by anchoring. Intertemporal choice is concerned with the kind of choice where different actions lead to outcomes that...

Word Count : 3130

Neuroeconomics

Last Update:

economics is intertemporal choices which are decisions that involve costs and benefits that are distributed over time. Intertemporal choice research studies...

Word Count : 8877

Impulsivity

Last Update:

between alternatives or examining behavioral choices in a naturalistic setting.[citation needed] Intertemporal choice is commonly measured in the laboratory...

Word Count : 15698

Intertemporal consumption

Last Update:

(1957) developed what became known as the life-cycle model. See Intertemporal choice § Modigliani's life cycle income hypothesis for details. The life-cycle...

Word Count : 607

Choice architecture

Last Update:

PMID 15702961. Weber, E.U.; et al. (2007). "Asymmetric discounting in intertemporal choice: a query theory account". Psychological Science. 18 (6): 516–523...

Word Count : 3367

Drazen Prelec

Last Update:

faculty in 1991. Prelec has made seminal contributions to theories of intertemporal choice, in particular the generalized theory of hyperbolic discounting,...

Word Count : 459

Time preference

Last Update:

utility over delayed utility. This term is used in intertemporal economics, intertemporal choice, neurobiology of reward and decision making, microeconomics...

Word Count : 2084

Choice

Last Update:

Psychology portal Choice architecture Decision making software Example choice Freedom of choice Hobson's choice Intertemporal choice Sheena Iyengar, author...

Word Count : 4013

Sequential decision making

Last Update:

making has as a consequence the intertemporal choice problem, where earlier decisions influences the later available choices. Frankish, Keith; Ramsey, William...

Word Count : 142

George Loewenstein

Last Update:

from Yale University in 1985 with thesis titled Expectations and Intertemporal Choice. He taught at the Booth School of Business at the University of Chicago...

Word Count : 518

Hyperbolic discounting

Last Update:

According to the discounted utility approach, intertemporal choices are no different from other choices, except that some consequences are delayed and...

Word Count : 3845

Intertemporal budget constraint

Last Update:

economics and finance, an intertemporal budget constraint is a constraint faced by a decision maker who is making choices for both the present and the...

Word Count : 382

Prospection

Last Update:

performance but also in the acquirement of numerous everyday feats. Intertemporal choices are choices with outcomes that play out over time. Such decisions are...

Word Count : 1437

Nudge theory

Last Update:

2011. "Give more tomorrow: Two field experiments on altruism and intertemporal choice." Journal of Public Economics 95(11-12):1349-57. Ruehle, R. C., B...

Word Count : 6197

Dynamic programming

Last Update:

investment in capital stock that is used in production), known as intertemporal choice. Future consumption is discounted at a constant rate β ∈ ( 0 , 1...

Word Count : 9215

David Laibson

Last Update:

he has taught since 1994. His research focuses on macroeconomics, intertemporal choice, behavioral economics, and neuroeconomics. In 2016, he became chairman...

Word Count : 240

Index of economics articles

Last Update:

International trade – International Year of Microcredit – Intertemporal choiceIntertemporal equilibrium – Investment – Investment (macroeconomics) –...

Word Count : 1370

Pupillary response

Last Update:

parametrically track subjective conflict (but also surprise) during intertemporal choice". NeuroImage. 172: 838–852. doi:10.1016/j.neuroimage.2017.10.055...

Word Count : 923

Discounting

Last Update:

Press, 2002. Chabris, C.F.; Laibson, D.I. & Schuldt, J.P. (2008). "Intertemporal Choice". The New Palgrave Dictionary of Economics. Here, the discount rate...

Word Count : 1771

Decision fatigue

Last Update:

). Time and Decision: Economic and Psychological Perspectives of Intertemporal Choice. Russell Sage. pp. 201–214. ISBN 978-1610443661. Danzigera, Shai;...

Word Count : 3071

Irving Fisher

Last Update:

general equilibrium. He was also a pioneer in the rigorous study of intertemporal choice in markets, which led him to develop a theory of capital and interest...

Word Count : 4709

Mental time travel

Last Update:

emotional reactions (affective forecasting), deliberate practice, intertemporal choice, navigation, prospective memory, counterfactual thinking, and planning...

Word Count : 5132

Shane Frederick

Last Update:

biases, and show more patience in intertemporal choice tasks. His specialties are decision-making and intertemporal choice, time preferences and discount...

Word Count : 377

Glossary of economics

Last Update:

international economics international futures international trade intertemporal choice intertemporal equilibrium intra-industry trade inventory bounce investment...

Word Count : 25011

Paul Glimcher

Last Update:

Glimcher, P.W. (2007). The neural correlates of subjective value during intertemporal choice. Nat Neuroscience. 10(12): 1625 - 1633; Levy, I., Snell, J., Nelson...

Word Count : 2933

Future self

Last Update:

self in his book, The Marshmallow Test. Anattā Discounting Identity Intertemporal choice Open individualism Personal identity Self-concept Teletransportation...

Word Count : 2619

Discounted utility

Last Update:

later (hence β < 1 {\displaystyle \beta <1} ). Discount function Intertemporal choice Temporal discounting Barbera, Salvador; Hammond, Peter J.; Seidl...

Word Count : 538

PDF Search Engine © AllGlobal.net