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_c524257 _d524257 |
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_aChambers, C.P. Echenique, F. and Miller, A.D. _941532 |
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| 245 | _aDecreasing impatience | ||
| 260 | _aAmerican Economic Journal: Microeconomics | ||
| 300 | _a15(3), Aug, 2023: p.527-551 | ||
| 520 | _aWe characterize decreasing impatience, a common behavioral phenomenon in intertemporal choice. Discount factors that display decreasing impatience are characterized through a convexity axiom for investments at fixed interest rates. Then we show that they are equivalent to a geometric average of generalized quasi-hyperbolic discount rates. Finally, they emerge through parimutuel preference aggregation of exponential discount factors.- Reproduced https://www.aeaweb.org/articles?id=10.1257/mic.20210361 | ||
| 773 | _aAmerican Economic Journal: Microeconomics | ||
| 942 | _cAR | ||