Projection bias, sophistication, and sub-additive discounting
Behavioral studies have revealed the sub-additive discounting pattern, which is at odds with the prevailing hyperbolic discounting framework that explains intertemporal choices. In this study, we demonstrate that completely and partially sophisticated individuals who are aware of their shifting pref...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
KeAi Communications Co.
2019
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| Subjects: | |
| Online Access: | View Fulltext in Publisher |