A naive justification of hyperbolic discounting from mental algebraic operations and functional analysis

Background: Intertemporal decision-making, which involves making choices between outcomes at different time points, is a fundamental aspect of human behavior. Understanding the underlying mental processes is vital for comprehending the complexities of human decision-making and choice behavior. O...

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Bibliographic Details

Published in:	Quantitative Finance and Economics
Main Authors:	Salvador Cruz Rambaud, Jorge Hernandez-Perez
Format:	Article
Language:	English
Published:	AIMS Press 2023-09-01
Subjects:	discount function intertemporal choice hyperbolic discounting mental operations functional analysis
Online Access:	https://www.aimspress.com/article/doi/10.3934/QFE.2023023?viewType=HTML