An Axiomatic Theory of Consumer Time Preference

DOI10.2307/2525488zbMATH Open0123.37403OpenAlexW2001467591MaRDI QIDQ5736652FDOQ5736652

Authors: Kelvin Lancaster 

Publication date: 1963

Published in: International Economic Review (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2525488

zbMATH Keywords

operations research

Cited In (6)

• Empirical model particularities and belief in the natural rate hypothesis
• A deeper look at hyperbolic discounting
• A power law type of time preference on intertemporal choices
• The hyperbolic factor: a measure of time inconsistency
• Discounting axioms imply risk neutrality
• Risk aversion, impatience, and optimal timing decisions

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