Decreasing impatience and the magnitude effect jointly contradict exponential discounting

DOI10.1016/J.JET.2008.09.001zbMATH Open1158.91340OpenAlexW2019263480MaRDI QIDQ1007335FDOQ1007335

Authors: Jawwad Noor 

Publication date: 20 March 2009

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jet.2008.09.001

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zbMATH Keywords

preference reversalstime preferencemagnitude effectdecreasing impatienceDU anomalies

Mathematics Subject Classification ID

Individual preferences (91B08)

Cites Work

• Time Preference
• Consumer choice and revealed bounded rationality
• Eliciting Risk and Time Preferences

Cited In (9)

• Exponential discounting bias
• The optimal equilibrium for time-inconsistent stopping problems -- the discrete-time case
• Intertemporal choice and the magnitude effect
• Optimal equilibrium barrier strategies for time-inconsistent dividend problems in discrete time
• Time preference for health: a test of stationarity versus decreasing timing aversion
• Time discounting: Declining impatience and interval effect
• Time-consistent stopping under decreasing impatience
• The amount-based deformation of the \(q\)-exponential discount function: a joint analysis of delay and magnitude effects
• Equilibrium concepts for time‐inconsistent stopping problems in continuous time

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