On Intertemporal Preferences For Uncertain Consumption
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On Intertemporal Preferences For Uncertain Consumption
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Author : Ayman Hindy
language : en
Publisher: Palala Press
Release Date : 2015-09-09
On Intertemporal Preferences For Uncertain Consumption written by Ayman Hindy and has been published by Palala Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-09-09 with categories.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
The Structure Of Intertemporal Preferences Under Uncertain Lifetime
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Author : Yoram Halevy
language : en
Publisher:
Release Date : 2001
The Structure Of Intertemporal Preferences Under Uncertain Lifetime written by Yoram Halevy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with categories.
Measuring Preferences Over The Temporal Resolution Of Consumption Uncertainty
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Author : Thomas Meissner
language : en
Publisher:
Release Date : 2018
Measuring Preferences Over The Temporal Resolution Of Consumption Uncertainty written by Thomas Meissner and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
We develop and test a novel experimental design that allows to directly elicit preferences over the temporal resolution of consumption uncertainty. To identify preferences over the temporal resolution of consumption uncertainty - as opposed to income uncertainty - we investigate choices over consumption (real effort). We find that on average subjects weakly prefer early resolution of consumption uncertainty: They are willing to forgo 4.52% of their total consumption in order to resolve all uncertainty immediately. However, this result is mainly driven by a minority with strong preferences for early resolution of consumption uncertainty. Most subjects are indifferent towards the temporal resolution of consumption uncertainty. To test whether the theoretical link between preferences over the temporal resolution of consumption uncertainty and preferences over risk, time and intertemporal substitution holds as formulated in recursive utility models, we additionally elicit these preferences experimentally. Surprisingly, we find that recursive utility has no predictive power in explaining preferences over the temporal resolution of consumption uncertainty.
Optimal Intertemporal Consumption Under Uncertainty
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Author : Gary Chamberlain
language : fr
Publisher:
Release Date : 1984
Optimal Intertemporal Consumption Under Uncertainty written by Gary Chamberlain and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with categories.
Intertemporal Substitution In Consumption Revisited
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Author : Zuliu Hu
language : en
Publisher:
Release Date : 2006
Intertemporal Substitution In Consumption Revisited written by Zuliu Hu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
Some of the highly controversial questions in macroeconomics critically hinge on the value of a single parameter of consumer preference--the elasticity of intertemporal substitution. This paper provides new estimates of this parameter for individual G-7 and a panel of twenty OECD countries. We find that single equation GMM estimates are typically small and imprecise, consistent with Hall's (1988) finding from the U.S. data. Estimation of a system of equations that takes into account the cross-equation restrictions implied by theory, however, generally gives larger and better determined values for the parameter. The panel procedure also yields relatively large estimates. Overall our multi-country results contradict the hypothesis of zero intertemporal substitution.
The Cambridge Handbook Of Psychology And Economic Behaviour
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Author : Alan Lewis
language : en
Publisher: Cambridge University Press
Release Date : 2008-04-17
The Cambridge Handbook Of Psychology And Economic Behaviour written by Alan Lewis and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-04-17 with Psychology categories.
Psychologists have been observing and interpreting economic behaviour for at least fifty years, and the last decade, in particular, has seen an escalated interest in the interface between psychology and economics. The Cambridge Handbook of Psychology and Economic Behaviour is a valuable reference resource dedicated to improving our understanding of the economic mind and economic behaviour. Employing empirical methods – including laboratory experiments, field experiments, observations, questionnaires and interviews – the Handbook covers aspects of theory and method, financial and consumer behaviour, the environment and biological perspectives. With contributions from distinguished scholars from a variety of countries and backgrounds, the Handbook is an important step forward in the improvement of communications between the disciplines of psychology and economics. It will appeal to academic researchers and graduates in economic psychology and behavioural economics.
Behavioral Economics And Public Health
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Author : Christina A. Roberto
language : en
Publisher: Oxford University Press, USA
Release Date : 2016
Behavioral Economics And Public Health written by Christina A. Roberto and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Business & Economics categories.
Behavioral economics has potential to offer novel solutions to some of today's most pressing public health problems: How do we persuade people to eat healthy and lose weight? How can health professionals communicate health risks in a way that is heeded? How can food labeling be modified to inform healthy food choices? Behavioral Economics and Public Health is the first book to apply the groundbreaking insights of behavioral economics to the persisting problems of health behaviors and behavior change. In addition to providing a primer on the behavioral economics principles that are most relevant to public health, this book offers details on how these principles can be employed to mitigating the world's greatest health threats, including obesity, smoking, risky sexual behavior, and excessive drinking. With contributions from an international team of scholars from psychology, economics, marketing, public health, and medicine, this book is a trailblazing new approach to the most difficult and important problems of our time.
The Wiley Blackwell Handbook Of Judgment And Decision Making
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Author : Gideon Keren
language : en
Publisher: John Wiley & Sons
Release Date : 2015-12-14
The Wiley Blackwell Handbook Of Judgment And Decision Making written by Gideon Keren and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-12-14 with Psychology categories.
A comprehensive, up-to-date examination of the most important theory, concepts, methodological approaches, and applications in the burgeoning field of judgment and decision making (JDM) Emphasizes the growth of JDM applications with chapters devoted to medical decision making, decision making and the law, consumer behavior, and more Addresses controversial topics from multiple perspectives – such as choice from description versus choice from experience – and contrasts between empirical methodologies employed in behavioral economics and psychology Brings together a multi-disciplinary group of contributors from across the social sciences, including psychology, economics, marketing, finance, public policy, sociology, and philosophy 2 Volumes
Handbook Of Behavioral Economics Foundations And Applications 1
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Author :
language : en
Publisher: Elsevier
Release Date : 2018-09-27
Handbook Of Behavioral Economics Foundations And Applications 1 written by and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-27 with Business & Economics categories.
Handbook of Behavioral Economics: Foundations and Applications presents the concepts and tools of behavioral economics. Its authors are all economists who share a belief that the objective of behavioral economics is to enrich, rather than to destroy or replace, standard economics. They provide authoritative perspectives on the value to economic inquiry of insights gained from psychology. Specific chapters in this first volume cover reference-dependent preferences, asset markets, household finance, corporate finance, public economics, industrial organization, and structural behavioural economics. This Handbook provides authoritative summaries by experts in respective subfields regarding where behavioral economics has been; what it has so far accomplished; and its promise for the future. This taking-stock is just what Behavioral Economics needs at this stage of its so-far successful career. Helps academic and non-academic economists understand recent, rapid changes in theoretical and empirical advances within behavioral economics Designed for economists already convinced of the benefits of behavioral economics and mainstream economists who feel threatened by new developments in behavioral economics Written for those who wish to become quickly acquainted with behavioral economics
Handbook Of The Economics Of Risk And Uncertainty
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Author : Mark Machina
language : en
Publisher: Newnes
Release Date : 2013-11-14
Handbook Of The Economics Of Risk And Uncertainty written by Mark Machina and has been published by Newnes this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-14 with Business & Economics categories.
The need to understand the theories and applications of economic and finance risk has been clear to everyone since the financial crisis, and this collection of original essays proffers broad, high-level explanations of risk and uncertainty. The economics of risk and uncertainty is unlike most branches of economics in spanning from the individual decision-maker to the market (and indeed, social decisions), and ranging from purely theoretical analysis through individual experimentation, empirical analysis, and applied and policy decisions. It also has close and sometimes conflicting relationships with theoretical and applied statistics, and psychology. The aim of this volume is to provide an overview of diverse aspects of this field, ranging from classical and foundational work through current developments. Presents coherent summaries of risk and uncertainty that inform major areas in economics and finance Divides coverage between theoretical, empirical, and experimental findings Makes the economics of risk and uncertainty accessible to scholars in fields outside economics