Nonparametric analysis of time-inconsistent preferences
This paper 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 explore the consequences the restrictions o...
Príomhchruthaitheoirí: | , , |
---|---|
Formáid: | Working paper |
Foilsithe / Cruthaithe: |
University of Oxford
2017
|