Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w24075 |
来源ID | Working Paper 24075 |
A Stream of Prospects or a Prospect of Streams: On the Evaluation of Intertemporal Risks | |
James Andreoni; Paul Feldman; Charles Sprenger | |
发表日期 | 2017-12-04 |
出版年 | 2017 |
语种 | 英语 |
摘要 | Recent debate has identified important gaps in the understanding of intertemporal risks. Critical to closing these gaps is evidence on which dimension of intertemporal risk – the risk or the time – is evaluated first. Though under discounted expected utility this ordering is of no consequence, under discounted non-expected utility models the order of evaluation is critical. We provide experimental tests in which different orderings of evaluation generate different predictions for behavior. We find more support for the notion that the risk dimension is evaluated first. |
主题 | Econometrics ; Experimental Design ; Microeconomics ; Economics of Information ; Behavioral Economics |
URL | https://www.nber.org/papers/w24075 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581748 |
推荐引用方式 GB/T 7714 | James Andreoni,Paul Feldman,Charles Sprenger. A Stream of Prospects or a Prospect of Streams: On the Evaluation of Intertemporal Risks. 2017. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w24075.pdf(874KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。