Intensified distortion: investment decisions with endogenous contracts and time inconsistency
Previous studies on investment decisions with endogenous contracts typically adopt differences among discount rates to describe decision makers’ impatience. Yet evidences from behavioral economics and neuroeconomics suggest that decision makers are impatient with short-term choices, but patient with...
| Main Authors: | , , , |
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| Other Authors: | |
| Format: | Journal Article |
| Language: | English |
| Published: |
2024
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10356/178951 |