Traditional Discounted Utility Model assumes an exponential delay discount function, with a constant discount rate: this implies dynamic consistency and stationary intertemporal preferences. Contrary to the normative setting, decision neuroscience stresses a lack of rationality, i.e., inconsistency, in some intertemporal choice behaviors. We deal with both models are dealt with in the framework of some relevant decision problems.
The intertemporal choice behavior: the role of emotions in a multiagent decision problem
Ventre V
2014
Abstract
Traditional Discounted Utility Model assumes an exponential delay discount function, with a constant discount rate: this implies dynamic consistency and stationary intertemporal preferences. Contrary to the normative setting, decision neuroscience stresses a lack of rationality, i.e., inconsistency, in some intertemporal choice behaviors. We deal with both models are dealt with in the framework of some relevant decision problems.File in questo prodotto:
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