Drouhin, Nicolas

Within a continuous time life cycle model of consumption and savings, I study the properties of the most general class of additive intertemporal utility functionals. They are not necessarily stationary, and do not necessarily multiplicatively separate a discount factor from \per-period utility". I prove rigorously that time consistency holds if and...

Drouhin, Nicolas

Within a continuous time life cycle model of consumption and savings, I study the properties of the most general class of additive intertemporal utility functionals. They are not necessarily stationary, and do not necessarily multiplicatively separate a discount factor from \per-period utility". I prove rigorously that time consistency holds if and...

Drouhin, Nicolas

Within a continuous time life cycle model of consumption and savings, I study the properties of the most general class of additive intertemporal utility functionals. They are not necessarily stationary, and do not necessarily multiplicatively separate a discount factor from \per-period utility". I prove rigorously that time consistency holds if and...

Drouhin, Nicolas

Within a continuous time life cycle model of consumption and savings, I study the properties of the most general class of additive intertemporal utility functionals. They are not necessarily stationary, and do not necessarily multiplicatively separate a discount factor from \per-period utility". I prove rigorously that time consistency holds if and...

Drouhin, Nicolas

Within a continuous time life cycle model of consumption and savings, I study the properties of the most general class of additive intertemporal utility functionals. They are not necessarily stationary, and do not necessarily multiplicatively separate a discount factor from \per-period utility". I prove rigorously that time consistency holds if and...

Drouhin, Nicolas

Within a continuous time life cycle model of consumption and savings, I study the properties of the most general class of additive intertemporal utility functionals. They are not necessarily stationary, and do not necessarily multiplicatively separate a discount factor from \per-period utility". I prove rigorously that time consistency holds if and...

Drouhin, Nicolas

Within a continuous time life cycle model of consumption and savings, I study the properties of the most general class of additive intertemporal utility functionals. They are not necessarily stationary, and do not necessarily multiplicatively separate a discount factor from \per-period utility". I prove rigorously that time consistency holds if and...

Drouhin, Nicolas

Within a continuous time life cycle model of consumption and savings, I study the properties of the most general class of additive intertemporal utility functionals. They are not necessarily stationary, and do not necessarily multiplicatively separate a discount factor from \per-period utility". I prove rigorously that time consistency holds if and...

Kamihigashi, Takashi
Published in
Journal of Inequalities and Applications

Given a sequence {fn}n∈N\documentclass[12pt]{minimal} \usepackage{amsmath} \usepackage{wasysym} \usepackage{amsfonts} \usepackage{amssymb} \usepackage{amsbsy} \usepackage{mathrsfs} \usepackage{upgreek} \setlength{\oddsidemargin}{-69pt} \begin{document}$\{f_{n}\}_{n \in \mathbb {N}}$\end{document} of measurable functions on a σ-finite measure space ...

Zhou, Yongwu Lin, Zhaozhan
Published in
Journal of Systems Science and Systems Engineering

Due to bounded rationality, people often rush for instantaneous gratification if the decisions involve immediate rewards, but procrastinate if the decisions involve immediate costs. Present-biased preference and time-inconsistency will be more salient when people are making inter-temporal decisions to trade off rewards and costs in the future. Peop...