The Structure of Intertemporal Preferences under Uncertainty and Time Consistent Plans

DOI10.2307/1913219MaRDI QIDQ3714848zbMATH OpenOpenAlexFDO

Authors Thore Johnsen, John B. Donaldson

Publication date 1985

Published in Econometrica (Search for Journal in Brave)

Full work available at URL https://doi.org/10.2307/1913219

zbMATH Keywords

consistent planningintertemporal preferencesnonmarket reopening propertyuncertainty

Mathematics Subject Classification ID

Individual preferences (91B08) Group preferences (91B10) Economic growth models (91B62)

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Cited in

(19)

• Recursive smooth ambiguity preferences
• Consequentialist foundations for expected utility
• Biconvergent stochastic dynamic programming, asymptotic impatience, and `average' growth
• Decomposable choice under uncertainty
• Non-market reopening, time-consistent plans and the structure of intertemporal preferences
• Recursive utility and optimal growth under uncertainty
• Disentangling intertemporal substitution and risk aversion under the expected utility theorem
• Reference points and learning
• The aggregation of preferences: Can we ignore the past?
• Recursive robust estimation and control without commitment
• On the Existence of Markov-Consistent Plans under Production Uncertainty
• Discounting axioms imply risk neutrality
• Consumption and Portfolio Policies With Incomplete Markets and Short‐Sale Constraints: the Finite‐Dimensional Case¹
• Tail optimality and preferences consistency for intertemporal optimization problems
• Portfolio choice with skewness preference and wealth-dependent risk aversion
• Nonexpected utility preferences in a temporal framework with an application to consumption-savings behaviour
• Dynamic portfolio choice under ambiguity and regime switching mean returns
• Restricted dynamic consistency
• Intertemporal collective choice and dynamic consistency

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