An Extension of Quasi-hyperbolic Discounting to Continuous Time
(2014)
Journal Article
Pan, J., Webb, C., & Zank, H. (2015). An Extension of Quasi-hyperbolic Discounting to Continuous Time. Games and Economic Behavior, 89, 43-55. https://doi.org/10.1016/j.geb.2014.11.003
Two-Stage Exponential (TSE) discounting, the model developed here, generalises exponential discounting in a parsimonious way. It can be seen as an extension of Quasi-Hyperbolic discounting to continuous time. A TSE discounter has a constant rate of t... Read More about An Extension of Quasi-hyperbolic Discounting to Continuous Time.