Comparative impatience under random discounting

DOI10.1007/S00199-015-0950-3MaRDI QIDQ2358788zbMATH OpenOpenAlexFDO

Authors Youichiro Higashi, Kazuya Hyogo, Norio Takeoka, Hiroyuki Tanaka

Publication date 16 June 2017

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s00199-015-0950-3

zbMATH Keywords

comparative impatiencemonotone likelihood ratio orderpreference for flexibilityrandom discountingtime preference

Mathematics Subject Classification ID

Individual preferences (91B08)

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Cites work

• A Quantitative Theory of Unsecured Consumer Credit with Risk of Default
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• Saving behavior in stationary equilibrium with random discounting
• Stochastic endogenous time preference
• Stochastic orders
• Subjective random discounting and intertemporal choice
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• The Theory of Decision Procedures for Distributions with Monotone Likelihood Ratio
• Trading dynamics in decentralized markets with adverse selection

Cited in

(5)

• Random intertemporal choice
• Recursive utility and the rate of impatience
• Heterogeneous impatience in a continuous-time model
• Patience is a virtue: the effect of slack on competitiveness for admission control
• Impatience and equilibrium indeterminacy

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