Time-Tradeoff Sequences for Analyzing Discounting and Time Inconsistency
Published Online:11 Oct 2010https://doi.org/10.1287/mnsc.1100.1219
References
- Parameter-free elicitation of utilities and probability weighting functions. Management Sci. (2000) 46:1497–1512Link, Google Scholar
- Intertemporal tradeoffs for gains and losses: An experimental measurement of discounted utility. Econom. J. (2010) 120:595–611Google Scholar
- Choice-based elicitation and decomposition of decision weights for gains and losses under uncertainty. Management Sci. (2005) 51:1384–1399Link, Google Scholar
- Eliciting risk and time preferences. Econometrica (2008) 76:583–618Crossref, Google Scholar
- Tying Odysseus to the mast: Evidence from a commitments savings product in the Phillippines. Quart. J. Econom. (2006) 121:635–672Crossref, Google Scholar
- Probability and time tradeoff. (2009) . Mimeo, IESE Business School, University of Navarra, BarcelonaGoogle Scholar
- Common ratio using delay. Theory Decision (2010) 68:149–158Crossref, Google Scholar
- The cardinal utility which is ordinal. Econom. J. (1958) 68:665–672Google Scholar
- A parameter-free elicitation of the probability weighting function in medical decision analysis. Management Sci. (2000) 46:1485–1496Link, Google Scholar
- Non-hyperbolic time inconsistency. Games Econom. Behav. (2009) 66:27–38Crossref, Google Scholar
- Uncertain lifetime and intertemporal choice: Risk aversion as a rationale for time discounting. Internat. Econom. Rev. (2006) 47:1223–1246Crossref, Google Scholar
- The effect on the preference-reversal phenomenon of using choice indifferences. J. Econom. Behav. Organ. (1990) 13:193–212Crossref, Google Scholar
- The priority heuristic: Making choices without trade-offs. Psych. Rev. (2006) 113:409–432Crossref, Google Scholar
- Violations of the betweenness axiom and nonlinearity in probability. J. Risk Uncertainty (1994) 8:167–196Crossref, Google Scholar
- The effects of financial incentives in experiments: A review and capital-labor-production framework. J. Risk Uncertainty (1999) 19:7–42Crossref, Google Scholar
- Temptations and dynamic consistency. Theory Decision (2008) 64:229–248Crossref, Google Scholar
- Temporal discounting and utility for health and money. J. Experiment. Psych.: Learn., Memory, Cognition (1996) 22:771–791Crossref, Google Scholar
- Uncertainty and hyperbolic discounting. Amer. Econom. Rev. (2005) 95:1290–1299Crossref, Google Scholar
- Inconsistent trade-offs between attributes: New evidence in preference assessment biases. Management Sci. (1993) 39:1382–1395Link, Google Scholar
- Interpretations of utility and their implications for the valuation of health. Econom. J. (2008) 118:215–234Google Scholar
- The fragility of time: Time-insensitivity and valuation of the near and far future. Management Sci. (2007) 53:1423–1438Link, Google Scholar
- Uncertainty breeds decreasing impatience: The role of risk preferences in time discounting. (2009) . Mimeo, IED, ETH, ZürichGoogle Scholar
- Time preference. Internat. Econom. Rev. (1982) 23:677–694Crossref, Google Scholar
- Time discounting and time preference: A critical review. J. Econom. Literature (2002) 40:351–401Crossref, Google Scholar
- Analysis of intertemporal choice: A new framework and experimental results. Theory Decision (2004) 55:209–233Crossref, Google Scholar
- Cost-Effectiveness in Health and Medicine (1996) (Oxford University Press, New York) Crossref, Google Scholar
- Aggregation of heterogeneous time preferences. J. Political Econom. (2005) 113:878–896Crossref, Google Scholar
- Temporal discounting and preference reversals in choice between delayed outcomes. Psychonomic Bull. Rev. (1994) 1:383–389Crossref, Google Scholar
- Strotz meets Allais: Diminishing impatience and the certainty effect. Amer. Econom. Rev. (2008) 98:1145–1162Crossref, Google Scholar
- Time consistency: Stationarity and time invariance. (2009) . Mimeo, Department of Economics, University of British Columbia, VancouverGoogle Scholar
- Value functions for infinite-period planning. Management Sci. (1986) 32:1123–1139Link, Google Scholar
- Proportional discounting of future costs and benefits. Math. Oper. Res. (1995) 20:381–399Link, Google Scholar
- Experimental practices in economics: A challenge for psychologists? Behav. Brain Sci. (2001) 24:383–403Crossref, Google Scholar
- Another experimental look at individual time preference. Rationality Soc. (1992) 4:199–220Crossref, Google Scholar
- Expressing preference in a principal-agent task: A comparison of choice, rating, and matching. Organ. Behav. Human Decision Processes (2001) 87:66–90Crossref, Google Scholar
- Hypothetical intertemporal consumption choices. Econom. J. (2003) 113:C140–C152Google Scholar
- Examining predictive accuracy among discounting models. J. Risk Uncertainty (2002) 24:143–160Crossref, Google Scholar
- Stationary ordinal utility and impatience. Econometrica (1960) 28:287–309Crossref, Google Scholar
- Foundations of Measurement, Vol. I: Additive and Polynomial Representations (1971) (Academic Press, New York) Google Scholar
- Golden eggs and hyperbolic discounting. Quart. J. Econom. (1997) 112:443–477Crossref, Google Scholar
- Anticipation and the value of delayed consumption. Econom. J. (1987) 97:666–684Crossref, Google Scholar
- Anomalies in intertemporal choice: Evidence and an interpretation. Quart. J. Econom. (1992) 107:573–597Crossref, Google Scholar
- , Commons M. L., Mazur J. E., Nevin J. A., Rachlin H. An adjusting procedure for studying delayed reinforcement. Quantitative Analyses of Behavior (1987) 5(Lawrence Erlbaum, Hillsdale, NJ) 55–73Google Scholar
- Highbrow films gather dust: Time-inconsistent preferences and online DVD rentals. Management Sci. (2009) 55:1047–1059Link, Google Scholar
- , Humphreys P. C., Svenson O., Vari A. Decision rules and the search for a dominance structure: Towards a process model of decision making. Analyzing and Aiding Decision Processes (1983) (North-Holland, Amsterdam) 343–369Crossref, Google Scholar
- Hyperbolic discounting and the standard model: Eliciting discount functions. J. Econom. Theory (2009) 144:2077–2083Crossref, Google Scholar
- Doing it now or later. Amer. Econom. Rev. (1999) 89:103–124Crossref, Google Scholar
- Choice and procrastination. Quart. J. Econom. (2001) 116:121–160Crossref, Google Scholar
- Decreasing impatience: A criterion for non-stationary time preference and “hyperbolic” discounting. Scandinavian J. Econom. (2004) 106:511–532Crossref, Google Scholar
- Decision making over time and under uncertainty: A common approach. Management Sci. (1991) 37:770–786Link, Google Scholar
- Four score and seven years from now: The date/delay effect in temporal discounting. Management Sci. (2005) 51:1326–1335Link, Google Scholar
- The hyperbolic factor: A measure of time inconsistency. J. Risk Uncertainty (2010) 41:125–140Crossref, Google Scholar
- Economics and psychology? The case of hyperbolic discounting. Internat. Econom. Rev. (2003) 44:1207–1216Crossref, Google Scholar
- An investigation of time-inconsistency. Management Sci. (2009) 55:470–482Link, Google Scholar
- Discounting by intervals: A generalized model of intertemporal choice. Management Sci. (2006) 52:1424–1436Link, Google Scholar
- Intertemporal tradeoffs. Psych. Rev. (2010) . ForthcomingCrossref, Google Scholar
- A deeper look at hyperbolic discounting. Theory Decision (2006) 60:219–255Crossref, Google Scholar
- Developments in non-expected utility theory: The hunt for a descriptive theory of choice under risk. J. Econom. Literature (2000) 38:332–382Crossref, Google Scholar
- Myopia and inconsistency in dynamic utility maximization. Rev. Econom. Stud. (1956) 23(3):165–180Crossref, Google Scholar
- Non-parametric test of time consistency: Present bias and future bias. Games Econom. Behav. (2010) . ForthcomingGoogle Scholar
- Risk and time preferences: Linking experimental and household survey data from Vietnam. Amer. Econom. Rev. (2010) 100:557–571Crossref, Google Scholar
- Some empirical evidence of dynamic inconsistency. Econom. Lett. (1981) 8:201–207Crossref, Google Scholar
- Elimination by aspects: A theory of choice. Psych. Rev. (1972) 79:281–299Crossref, Google Scholar
- Advances in prospect theory: Cumulative representation of uncertainty. J. Risk Uncertainty (1992) 5:297–323Crossref, Google Scholar
- Contingent weighting in judgment and choice. Psych. Rev. (1988) 95:371–384Crossref, Google Scholar
- A comparison of the discounted utility model and hyperbolic discounting models in the case of social and private intertemporal preferences for health. J. Econom. Behav. Organ. (2002) 49:79–96Crossref, Google Scholar
- Separating marginal utility and probabilistic risk aversion. Theory Decision (1994) 36:1–44Crossref, Google Scholar
- Habits and the anomalies in intertemporal choice. Management Sci. (1997) 43:1552–1563Link, Google Scholar

