David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Ezio Di Nucci
Jack Alan Reynolds
Learn more about PhilPapers
In economics, the concept of time discounting introduces weights on future goods to make these less valuable. Yet, both the conceptual motivation for time discounting and its specic functional form remain contested. To address these problems, this paper provides a measurement-theoretic framework of representation for time discounting. The representation theorem characterises time discounting factors by representations of time dierences. This general result can be interpreted with existing theories of time discounting to clarify their formal and conceptual assumptions. It also provides a conceptually neutral framework for comparing the descriptive and normative merits of those theories.
|Keywords||No keywords specified (fix it)|
No categories specified
(categorize this paper)
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library||
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
Ronald B. De Sousa (1997). What Can't We Do with Economics? Journal of Philosophical Research 22:197-209.
Leonard Green & Joel Myerson (2005). Hyperbola-Like Discounting, Impulsivity, and the Analysis of Will. Behavioral and Brain Sciences 28 (5):655-656.
David Spurrett, Jacques Rousseau & Don Ross, Reward Discounting and Severity of Disordered Gambling in a South African Population.
Gustav Tinghög (2012). Discounting, Preferences, and Paternalism in Cost-Effectiveness Analysis. Health Care Analysis 20 (3):297-318.
Glenn W. Harrison & Morten Igel Lau (2005). Is the Evidence for Hyperbolic Discounting in Humans Just an Experimental Artefact? Behavioral and Brain Sciences 28 (5):657-657.
Peter Fishburn & Ward Edwards (1997). Discount-Neutral Utility Models for Denumerable Time Streams. Theory and Decision 43 (2):139-166.
Added to index2010-07-25
Total downloads23 ( #164,288 of 1,796,251 )
Recent downloads (6 months)6 ( #137,388 of 1,796,251 )
How can I increase my downloads?