Beta-Delta or Delta-Tau? A Reformulation of Quasi-Hyperbolic Discounting
Published Online:7 Jun 2022https://doi.org/10.1287/mnsc.2022.4453
References
- (2010) Intertemporal tradeoffs for gains and losses: An experimental measurement of discounted utility. Econom. J. 120(545):845–866.Google Scholar
- (2013) Sign-dependence in intertemporal choice. J. Risk Uncertainty 47(3):225–253.Crossref, Google Scholar
- (1973) On a system of inequalities in demand analysis: An extension of the classical method. Internat. Econom. Rev. 14(2):460–472.Crossref, Google Scholar
- (1975) Specious reward: A behavioral theory of impulsiveness and impulse control. Psych. Bull. 82(4):463–496.Crossref, Google Scholar
- (2015) A measure of rationality and welfare. J. Political Econom. 123(6):1278–1310.Crossref, Google Scholar
- (2010) Time-tradeoff sequences for analyzing discounting and time inconsistency. Management Sci. 56(11):2015–2030.Link, Google Scholar
- (2015) Working over time: Dynamic inconsistency in real effort tasks. Quart. J. Econom. 130(3):1067–1115.Crossref, Google Scholar
- (2019) An experiment on time preference and misprediction in unpleasant tasks. Rev. Econom. Stud. 86(3):941–975.Crossref, Google Scholar
- Becker GS, Murphy KM (1988) A theory of rational addiction. J. Political Econom. 96(4):675–700.Google Scholar
- (2009) Non-hyperbolic time inconsistency. Games Econom. Behav. 66(1):27–38.Crossref, Google Scholar
- (2021) Non-parametric analysis of time-inconsistent preferences. Rev. Econom. Stud. 88(6):2687–2734.Crossref, Google Scholar
- (2015) Impatience, incentives and obesity. Econom. J. 125(582):1–31.Google Scholar
- Dean M, Ortoleva P (2019) The empirical relationship between nonstandard economic behaviors. Proc. Natl. Acad. Sci. USA 116(33):16262–16267.Google Scholar
- (2009) Psychology and economics: Evidence from the field. J. Econom. Literature 47(2):315–372.Crossref, Google Scholar
- (2017) Reference-dependent job search: Evidence from Hungary. Quart. J. Econom. 132(4):1969–2018.Crossref, Google Scholar
- (2004) Contract design and self-control: Theory and evidence. Quart. J. Econom. 119(2):353–402.Crossref, Google Scholar
- (2007) The fragility of time: Time-insensitivity and valuation of the near and far future.” Management Sci. 53(9):1423–1438.Link, Google Scholar
- (2015) Delay Functions as the Foundation of Time Preference: Testing for Separable Discounted Utility. National Bureau of Economic Research, Cambridge, MA.Google Scholar
- (2009) Time‐inconsistency and welfare program participation: Evidence from the NLSY. Internat. Econom. Rev. 50(4):1043–1077.Crossref, Google Scholar
- (2015) Estimating dynamic discrete choice models with hyperbolic discounting, with an application to mammography decisions. Internat. Econom. Rev. 56(2):565–596.Crossref, Google Scholar
- Gruber J, Kőszegi B (2001) Is addiction “rational”? Theory and evidence. Quart. J. Econom. 116(4):1261–1303.Google Scholar
- (2004) Tax incidence when individuals are time-inconsistent: The case of cigarette excise taxes. J. Public Econom. 88(9–10):1959–1987.Crossref, Google Scholar
- (2021) Identifying present bias from the timing of choices. Amer. Econom. Rev. 111(8):2594–2622.Crossref, Google Scholar
- (2021) Meta-analysis of present-bias estimation using convex time budgets. Econom. J. 131(636):1788–1814.Google Scholar
- (2015) Self-control at work. J. Political Econom. 123(6):1227–1277.Crossref, Google Scholar
- (1997) Golden eggs and hyperbolic discounting. Quart. J. Econom. 112(2):443–477.Crossref, Google Scholar
- (2020) Optimal income taxation with present bias. Amer. Econom. J. Econom. Policy 12(4):298–327.Crossref, Google Scholar
- (1992) Anomalies in intertemporal choice: Evidence and an interpretation. Quart. J. Econom. 107(2):573–597.Crossref, Google Scholar
- (2010) Present-biased preferences and credit card borrowing. Amer. Econom. J. Appl. Econom. 2(1):193–210.Crossref, Google Scholar
- (1999) Doing it now or later. Amer. Econom. Rev. 89(1):103–124.Crossref, Google Scholar
- (1968) On second-best national saving and game-equilibrium growth. Rev. Econom. Stud. 35(2):185–199.Crossref, Google Scholar
- (1968) Consistent planning. Rev. Econom. Stud. 35(2):201–208.Crossref, Google Scholar
- (1989) Decreasing impatience: Definition and consequences. Working paper, Division of Research, Harvard Business School, Cambridge, MA.Google Scholar
- (2004) Decreasing impatience: A criterion for non-stationary time preference and “hyperbolic” discounting. Scandinavian J. Econom. 106(3):511–532.Crossref, Google Scholar
- (2019) Measuring decreasing and increasing impatience. Management Sci. 65(4):1700–1716.Link, Google Scholar
- (1955) Myopia and inconsistency in dynamic utility maximization. Rev. Econom. Stud. 23(3):165–180.Crossref, Google Scholar
- Tanaka T, Camerer CF, Nguyen Q (2010) Risk and time preferences: Linking experimental and household survey data from Vietnam. Amer. Econom. Rev. 100(1):557–571.Google Scholar
- (1990) Goodness-of-fit in optimizing models. J. Econometrics 46(1–2):125–140.Crossref, Google Scholar
- (2020) Impatience and time inconsistency in discounting models. Management Sci. 66(12):5850–5860.Link, Google Scholar

