Time consistency and time invariance in collective intertemporal choice

DOI10.1016/j.jet.2018.03.002zbMath1419.91273OpenAlexW2790172712WikidataQ130154231 ScholiaQ130154231MaRDI QIDQ1757565

Geoffrey Heal, Antony Millner

Publication date: 15 January 2019

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

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

zbMATH Keywords

intertemporal choicetime consistencycollective decisions

Mathematics Subject Classification ID

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

Related Items (8)

Corrigendum to: ``Time consistency and time invariance in collective intertemporal choice ⋮ Time‐consistent fair social choice ⋮ Uncertain discount and hyperbolic preferences ⋮ Weighted discounting -- on group diversity, time-inconsistency, and consequences for investment ⋮ How stationarity contradicts intergenerational equity ⋮ On Markovian collective choice with heterogeneous quasi-hyperbolic discounting ⋮ Utilitarianism and social discounting with countably many generations ⋮ Mixing discount functions: implications for collective time preferences

Cites Work

• The aggregation of preferences: Can we ignore the past?
• Time Consistency: Stationarity and Time Invariance
• Stationary Utility and Time Perspective
• Stationary Ordinal Utility and Impatience

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