文章基本信息

标题：Zeitpräferenz und Zeitkonsistenz: Zur Rationalität sequenzieller Entscheidungen
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作者：Weikard, Hans-Peter
期刊名称：Journal of Food Distribution Research
印刷版ISSN：0047-245X
出版年度：2001
期号：SUPPL
出版社：Food Distribution Research Society
摘要：The paper discusses the problem of discounting, time preference, and time consistent decision making. While a constant pure rate of time preference leads to consistent consumption plans, other discounting schemes – like hyperbolic discounting – do not. Using a so-called money pump argument, time inconsistencies can be shown to be irrational. The paper also explores the use of a hedonic utility concept to explain sequential choice behaviour.
关键词：decision theory;discounting;time preference;time consistency