Consumption paths under prospect utility in an optimal growth model
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Cites work
- A Habit Forming Optimal Growth Model
- Advances in prospect theory: cumulative representation of uncertainty
- Golden Eggs and Hyperbolic Discounting
- Habit formation, catching up with the Joneses, and economic growth
- Habits and Time Preference
- scientific article; zbMATH DE number 52448 (Why is no real title available?)
- Myopic Loss Aversion and the Equity Premium Puzzle
- Optimal growth when tastes are inherited
- Optimal growth with decreasing marginal impatience
- Optimal Growth with Intertemporally Dependent Preferences
- Prospect theory and asset prices
- Prospect Theory: An Analysis of Decision under Risk
- Ramsey Meets Laibson in the Neoclassical Growth Model
- Stationary Ordinal Utility and Impatience
- The Fed's monetary policy rule and U.S. Inflation: The case of asymmetric preferences
Cited in
(12)- Loss aversion, habit formation and the term structures of equity and interest rates
- Optimal incentive contracts under loss aversion and inequity aversion
- Optimal consumption with reference-dependent preferences in on-the-job search and savings
- Volatility of public debt market, consumption dynamics and economic growth -- an analysis based on recursive utility and habit formation
- Optimal Consumption in a Growth Model with the Cobb–Douglas Production Function
- Sustained positive consumption in a model of stochastic growth: the role of risk aversion
- On the stability of the constant relative risk aversion (CRRA) utility under high degrees of uncertainty
- Anticipated consumption and its impact on capital accumulation and growth: ``forward-looking versus ``backward-looking consumption reference
- Consumption-based asset pricing with prospect theory and habit formation
- Optimal Consumption in a Growth Model with the CES Production Function
- On history-dependent optimization models: a unified framework to analyze models with habits, satiation and optimal growth
- Fearing the worst: the importance of uncertainty for inequality
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