Subadditive intertemporal choice

Time and Decision: Economic and Psychological Perspectives on Intertemporal Choice

Volumn , Issue , 2003, Pages 301-322

  Read, Daniel ^a  

^a LONDON SCHOOL OF ECONOMICS   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84967007483     PISSN: None     EISSN: None     Source Type: Book    
DOI: None     Document Type: Chapter

References (34)

1. Ahlbrecht, Martin, and Martin Weber. 1995. "Hyperbolic Discounting Models in Prescriptive Theory of Intertemporal Choice." Zeitschrift fur Wirtschaft- und Sozialwissenschaften 115: 511-34.
2. Ahlbrecht, Martin, and Martin Weber. 1997. "An Empirical Study on Intertemporal Decision Making Under Risk." Management Science 43: 813-26.
3. Ainslie, George. 1975. "Specious Reward: A Behavioral Theory of Impulsiveness and Impulse Control." Psychological Bulletin 82: 463-69.
4. Benzion, Uri, Amnon Rapoport, and Joseph Yagil. 1989. "Discount Rates Inferred from Decisions: An Experimental Study." Management Science 35: 270-84.
5. Bleichrodt, Han, and Magnus Johannesson. 2001. "Time Preference for Health: A Test of Stationarity Versus Decreasing Timing Aversion." Journal of Mathematical Psychology 45: 265-82.
6. Chapman, Gretchen B. 2001. "Time Preferences for the Very Long Term." Acta Psychologica 109: 95-116.
7. Chapman, Gretchen B., and Arthur S. Elstein. 1995. "Valuing the Future: Temporal Discounting of Health and Money." Medical Decision Making 15: 373-86.
8. Frank, Robert H. 1988. Passions Within Reason: The Strategic Role of the Emotions. New York: Norton.
9. Green, Leonard, Astrid Fry, and Joel Myerson. 1994. "Discounting of Delayed Rewards: A Life-Span Comparison." Psychological Science 5: 33-36.
10. Green, Leonard, and Joel Myerson. 1993. "Alternative Frameworks for the Analysis of Self-Control." Behavior and Philosophy 21: 37-47.
11. Green, Leonard, Joel Myerson, and Edward McFadden. 1997. "Rate of Temporal Discounting Decreases with Amount of Reward." Memory and Cognition 25: 715-23.
12. Harvey, Charles M. 1992. "A Slow-Discounting Model for Social Costs and Benefits." Interfaces 22: 47-60.
13. Harvey, Charles M. 1994. "The Reasonableness of Non-Constant Discounting." Journal of Public Economics 53: 31-51.
14. Heyman, Gene M. 1996. "Resolving the Contradictions of Addiction." Behavioral and Brain Sciences 19: 561-610.
15. Hoch, Stephen, and George Loewenstein. 1991. "Time-Inconsistent Preferences and Consumer Self-Control." Journal of Consumer Research 17: 492-507.
16. Holcomb, James H., and P. S. Nelson. 1992. "Another Experimental Look at Individual Time Preference." Rationality and Society 4: 199-220.
17. Kirby, Kris N. 1997. "Bidding on the Future: Evidence Against Normative Discounting of Delayed Rewards." Journal of Experimental Psychology: General 126: 54-70.
18. Kirby, Kris N., and Richard J. Herrnstein. 1995. "Preference Reversals Due to Myopic Discounting of Delayed Reward." Psychological Science 6: 83-89.
19. Kirby, Kris N., and Nina Marakovic. 1995. "Modeling Myopic Decisions: Evidence for Hyperbolic Delay-Discounting Within Subjects and Amounts." Organizational Behavior and Human Decision Processes 64: 22-30.
20. Loewenstein, George. 1996. "Out of Control: Visceral Influences on Behavior." Organizational Behavior and Human Decision Processes 65: 272-93.
21. Loewenstein, George, and Drazen Prelec. 1992. "Anomalies in Intertemporal Choice: Evidence and an Interpretation." Quarterly Journal of Economics 107: 573-97.
22. Mazur, James E. 1984. "Tests of an Equivalence Rule for Fixed and Variable Reinforcer Delays." Journal of Experimental Psychology: Animal Behavior Processes 10: 426-36.
23. Prelec, Drazen. 1990. "Decreasing Impatience: Definition and Consequences." Working paper no. 90-015. Harvard Business School.
24. Prelec, Drazen, and George Loewenstein. 1991. "Decision Making over Time and Under Uncertainty: A Common Approach." Management Science 37: 770-76.
25. Rachlin, Howard, and Andres Raineri. 1992. "Irrationality, Impulsiveness, and Selfishness as Discount Reversal Effects." In Choice Over Time, edited by G. F. Loewenstein and J. Elster. New York: Russell Sage Foundation.
26. Raineri, Andres, and Howard Rachlin. 1993. "The Effect of Temporal Constraints on the Value of Money and Other Commodities." Journal of Behavioral Decision Making 6: 77-94.
27. Read, Daniel. 2001. "Is Time-Discounting Hyperbolic or Subadditive?" Journal of Risk and Uncertainty 23: 5-32.
28. Read, Daniel, and Barbara van Leeuwen. 1998. "Predicting Hunger: The Effects of Appetite and Delay on Choice." Organizational Behavior and Human Decision Processes 76: 189-205.
29. Read, Daniel, and Peter H. M. P. Roelofsma. 2002. "Exploring Subadditive Intertemporal Choice: Tests of Hyperbolic Discounting Using Choice and Matching." London School of Economics working paper.
30. Richards, Jerry B., Lan Zhang, Suzanne H. Mitchell, and Harriet de Wit. 1999. "Delay or Probability Discounting in a Model of Impulsive Behavior: Effect of Alcohol." Journal of the Experimental Analysis of Behavior 71: 121-43.
31. Samuelson, Paul. 1937. "A Note of Measurement of Utility." Review of Economic Studies 4: 155-61.
32. Strotz, Robert H. 1955. "Myopia and Inconsistency in Dynamic Utility Maximization." Review of Economic Studies 23: 165-80.
33. Thaler, Richard H. 1981. "Some Empirical Evidence on Dynamic Inconsistency." Economic Letters 8: 201-7.
34. Varian, Hal R. 1992. Microeconomic Analysis. 3rd ed. New York: Norton.