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来源类型Working Paper
规范类型报告
DOI10.3386/w24075
来源IDWorking 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
URLhttps://www.nber.org/papers/w24075
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/581748
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James Andreoni,Paul Feldman,Charles Sprenger. A Stream of Prospects or a Prospect of Streams: On the Evaluation of Intertemporal Risks. 2017.
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