Non-parametric analysis of time-inconsistent preferences

This article provides a revealed preference characterisation of quasi-hyperbolic discounting which is designed to be applied to readily available expenditure surveys. We describe necessary and sufficient conditions for the leading forms of the model and also study the consequences of the restriction...

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Bibliographic Details
Main Authors: Blow, L, Browning, M, Crawford, I
Format: Journal article
Language:English
Published: Oxford University Press 2021