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Sharpening Intertemporal Prospect Theory

Pushpa, Rathie; Carlos, Radavelli and Sergio, Da Silva (2006): Sharpening Intertemporal Prospect Theory. Forthcoming in: Applied Mathematical Sciences

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Abstract

Prospect theory [4] of risky choices has been extended to encompass intertemporal choices [6]. Presentation of intertemporal prospect theory suffers from minor mistakes, however [2]. To clarify the theory we restate it and show further mistakes in current presentations ([6], [2]) of value and discount functions.

Item Type:MPRA Paper
Institution:Federal University of Santa Catarina
Language:English
Subjects:D - Microeconomics > D9 - Intertemporal Choice and Growth > D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving
ID Code:1849
Deposited By:Sergio Da Silva
Deposited On:20. Feb 2007
Last Modified:07. Nov 2007 02:03

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