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On hyperbolic discounting and uncertain hazard rates

The value of a future reward should be discounted where there is a risk that the reward will not be realized. If the risk manifests itself at a known, constant hazard rate, a risk-neutral recipient should discount the reward according to an exponential time-preference function. Experimental subjects...

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Sonraí Bibleagrafaíochta
Príomhúdar: Sozou, P. D.
Formáid: Artigo
Teanga:Inglês
Foilsithe: 1998
Ábhair:
Rochtain Ar Líne:https://ncbi.nlm.nih.gov/pmc/articles/PMC1689473/
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1098/rspb.1998.0534
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