
	Where results make sense

Topic: Intertemporal choice

Related Topics

Intertemporal equilibrium

List of economics topics

Complementarity

Rail transport modelling

Antitrust

Labor

Histrionic personality disorder

Protestant work ethic

Erector Set

Piercing

Von Klitzing constant

Hornby Railways

Meccano

Art Deco

Hugo Weaving

In the News (Wed 30 Dec 09)

Northern Trust

Marvin Harrison

Peter Chernin

Gary Locke

Match Play

Penelope Cruz

Mickey Rourke

AR Rahman

Danny Boyle

Hugh Jackman

	Intertemporal choice - Wikipedia, the free encyclopedia
		Intertemporal choice is the study of the relative value people assign to two or more payoffs at different points in time.
		Intertemporal choice was introduced by John Rae in 1834 in the "Sociological Theory of Capital".
		Later, Eugen von Böhm-Bawerk in 1889 and Irving Fisher in 1930 elaborated on the model.
	en.wikipedia.org /wiki/Intertemporal_choice (309 words)

	Intertemporal Choice and Consumption Mobility
		We test the validity of three models of intertemporal consumption choice (the permanent income hypothesis, the myopic model, and the consumption insurance model) by means of mobility indexes for the underlying consumption distribution.
		We then derive the predictions for consumption mobility of the theories of intertemporal choice and compare them with the actual mobility.
		"Intertemporal choice and consumption mobility," 2004 Meeting Papers 195, Society for Economic Dynamics.
	ideas.repec.org /p/sef/csefwp/23.html (704 words)

	SSRN-Intertemporal Choice and the Cross-Sectional Variance of Marginal Utility by Orazio Attanasio, Tullio Jappelli
		The theory of intertemporal choice predicts that the cross-sectional variance of the marginal utility of consumption is equal to its own lag plus a constant and a random component.
		The results are remarkably consistent with the restrictions implied by the theory of intertemporal consumption choices.
		Attanasio, Orazio and Jappelli, Tullio, "Intertemporal Choice and the Cross-Sectional Variance of Marginal Utility" (May 1998).
	papers.ssrn.com /sol3/papers.cfm?abstract_id=226293 (413 words)

	The Koopmans Axiomatization of Intertemporal Choice
		Koopmans's (1960) inspiration was John von Neumann and Oskar Morgenstern's (1944) trick with choice under uncertainty.
		Notice there was a second purpose to Koopmans's construction: namely, the restoration of ordinality into the intertemporal utility construction.
		So, what the stationarity axiom effectively says is that intertemporal preferences between two periods remain the same even if we shunt those two periods further ahead in time.
	cepa.newschool.edu /het/essays/growth/optimal/koopaxiom.htm (2466 words)

	RBA:RDP35 A Theoretical Intertemporal Choice Model of the Household
		A Theoretical Intertemporal Choice Model of the Household
		The model is general and attempts to focus both on the intertemporal nature of many household decisions and on the interdependence at any point in time of various real and financial choices.
		An aim of the paper is to avoid premature specification of the form of the utility function (except for intertemporal additivity).
	www.rba.gov.au /PublicationsAndResearch/RDP/RDP35.html (135 words)

	Optimal consumption choice with intertemporal substitution, Peter Bank, Frank Riedel
		We analyze the intertemporal utility maximization problem under uncertainty for the preferences proposed by Hindy, Huang and Kreps.
		Depending on the structure of the underlying stochastics, optimal consumption occurs at rates, in gulps, or in a singular way.
		Sundaresan, S. Intertemporally dependent preferences and the volatility of consumption and wealth.
	projecteuclid.org /getRecord?id=euclid.aoap/1015345348 (497 words)

	HKUST Institutional Repository: Item 1783.1/825
		The purpose is to demonstrate that this simple generalization of the discounted utility model accounts, in a meaningful way, for the most striking anomalies with respect to classical discounted utility theory.
		We explain the so-called common difference effect (intertemporal trade-offs are time-dependent), which has usually been viewed as evidence against exponential discounting.
		We also examine the frequently observed preference for increasing sequences of outcomes, which has been regraded as a case of negative discounting.
	hdl.handle.net /1783.1/825 (178 words)

	Intertemporal Choice and Inequality
		In the permanent income hypothesis, the increase in inequality reflects the cumulative effect of luck on consumption.
		Other models of intertemporal choice--such as those with strong precautionary motives or liquidity constraints--can limit or even prevent the spread of inequality, as can insurance arrangements that share risk across individuals.
		If you experience problems downloading a file, check if you have the proper application to view it first.
	ideas.repec.org /a/ucp/jpolec/v102y1994i3p437-67.html (306 words)

	EconPapers: Intertemporal Choice under Habit Formation
		Abstract: Many of the most important choices in people's lives have an inter-temporal dimension, i.e., these choices are associated with a flow of benefits or costs that accrue in the future.
		Subjects' choices deviate systematically from individually optimal decisions in the direction of over-consumption.
		This over-consumption is partly driven by loss avoidance, comparable to a real life situation in which addicted people consume addictive substances only in order to overpower withdrawal symptoms.
	econpapers.repec.org /paper/zuriewwpx/043.htm (225 words)

	SSRN-Reference Points and Loss Aversion in Intertemporal Choice by Qin Tu
		Based on the insights of Loewenstein's (1988) reference point model, we specify structural model for intertemporal choice that incorporates loss aversion and reference points.
		We consider four scenarios: Delay of gains, delay of losses, speed-up of gains, and speed-up of losses, using six years of panel data from a Dutch representative household survey.
		Tu, Qin, "Reference Points and Loss Aversion in Intertemporal Choice" (December 21, 2004).
	papers.ssrn.com /sol3/papers.cfm?abstract_id=644142 (293 words)

	Amazon.com: Time and Decision: Economic and Psychological Perspectives on Intertemporal Choice: Books: George ... (Site not responding. Last check: 2007-10-13)
		Economists approach intertemporal choice by means of a model in which people discount the value of future events at a constant rate.
		Psychologists, on the other hand, have focused on the cognitive and emotional underpinnings of intertemporal choice.
		The final section of the book examines intertemporal choice with regard to health, drug addiction, dieting, marketing, savings, and public policy.
	www.amazon.com /exec/obidos/tg/detail/-/0871545497?v=glance (963 words)

	On Intertemporal Choice, Rationality, and Time Consistency (ResearchIndex) (Site not responding. Last check: 2007-10-13)
		Abstract: This paper is inspired by the literature on procrastination in behavioral economics.
		I develop a general framework in order to define time consistent choice formally.
		The distinction between static and dynamic rationality is made and conditions are derived under which choice is time consistent.
	citeseer.ist.psu.edu /638079.html (174 words)

	[Jdm-society] Postdoctoral research fellow to study intertemporal choice (Site not responding. Last check: 2007-10-13)
		[Jdm-society] Postdoctoral research fellow to study intertemporal choice
		The successful candidate will oversee and collaborate on the development of a research program entitled 'Now or Later: Studies of Intertemporal Choice.' This position can provide a strong foundation for an academic career.
		You will work with other researchers in developing a major research program, you will write up the results (and share authorship), and you will be encouraged to apply for research funding.
	www.sjdm.org /mail-archive/jdm-society/2003-May/001480.html (277 words)

	Amazon.ca: Time and Decision: Economic and Psychological Perspectives on Intertemporal Choice: Books (Site not responding. Last check: 2007-10-13)
		Amazon.ca: Time and Decision: Economic and Psychological Perspectives on Intertemporal Choice: Books
		Time and Decision: Economic and Psychological Perspectives on Intertemporal Choice
		Top of Page : Time and Decision: Economic and Psychological Perspectives on Intertemporal Choice
	www.amazon.ca /exec/obidos/ASIN/0871545497 (227 words)

	The world's top intertemporal choice websites
		Intertemporal choice is essentially the question of whether you consume something now or in the future.
		The reason why it is important in economics is that the Austrian School explain an interest rate as the price borrowers pay to use money now rather than use it later, in other words the price for their intertemporal choice.
		Help build the largest human-edited directory on the web.
	www.websbiggest.com /dir-wiki.cfm?cat=intertemporal_choice&tab=discuss (131 words)

Try your search on: Qwika (all wikis)