Hybrid exponential-hyperbolic discounting and growth without commitment
(2017)
Journal Article
Tsoukis. (2017). Hybrid exponential-hyperbolic discounting and growth without commitment. https://doi.org/10.1111/manc.12197
We analyse the time-consistent intertemporal behaviour of an individual who discounts the future hyperbolically (HD) in the absence of commitment. In continuous-time, we extend Barro's (Quarterly Journal of Economics, Vol. 114 (1999), pp. 1125–1152)... Read More about Hybrid exponential-hyperbolic discounting and growth without commitment.