Decreasing Impatience: A Criterion for Non-Stationary Time Preference and 'Hyperbolic' Discounting
By Drazen Prelec. 2004
256 citations recorded by the source corpus.
View Paper: https://www.semanticscholar.org/paper/3b7b0896fc4ad7a1c3de90df02e534adbb101e54
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Citations in the corpus
- Viewing the future through a warped lens: Why uncertainty generates hyperbolic discounting (2011, background): “Violations of stationarity, on the other hand, are accounted for by allowing the discount factors to decline hyperbolically in time, i.e. at a decreasing rate (Ainslie, 1991; Laibson, 1997; Prelec, 2004).”
- The hyperbolic factor: A measure of time inconsistency (2010, background): “The ideas in this paper are inspired by Prelec (2004), who introduced another measure of decreasing impatience and related it to investment behavior.”
- Present-bias, quasi-hyperbolic discounting, and fixed costs (2010, unknown): “It is mentioned by Loewenstein and Prelec ( 1992) and Prelec ( 2004) ( which refers to an unpublished 1989 paper ) ,”