Time consistency and time invariance in collective intertemporal choice

DOI10.1016/J.JET.2018.03.002MaRDI QIDQ1757565zbMATH OpenOpenAlexWikidataFDO

Authors Antony Millner, Geoffrey Heal

Publication date 15 January 2019

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

Copyright license Creative Commons Attribution 4.0 International

Full work available at URL https://doi.org/10.1016/j.jet.2018.03.002

zbMATH Keywords

collective decisionsintertemporal choicetime consistency

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Social choice (91B14)

Recommendations

• Corrigendum to: ``Time consistency and time invariance in collective intertemporal choice
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Cites work

• Stationary Ordinal Utility and Impatience
• Stationary Utility and Time Perspective
• The aggregation of preferences: Can we ignore the past?
• Time consistency: stationarity and time invariance

Cited in

(15)

• Uncertain discount and hyperbolic preferences
• How stationarity contradicts intergenerational equity
• On Markovian collective choice with heterogeneous quasi-hyperbolic discounting
• Utilitarianism and social discounting with countably many generations
• Weighted discounting -- on group diversity, time-inconsistency, and consequences for investment
• Mixing discount functions: implications for collective time preferences
• The aggregation of preferences: Can we ignore the past?
• Corrigendum to: ``Time consistency and time invariance in collective intertemporal choice
• Time‐consistent fair social choice
• Dynamics of collective decisions in a time-dependent environment
• Dynamic preference foundations of expected exponentially-discounted utility
• Intergenerational equity and infinite-population ethics: a survey
• Belief aggregation, updating and dynamic collective choice
• Uncertainty in discount rate and aggregation of time preferences
• Two time-consistent Paretian solutions to the intertemporal resource allocation problem

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