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Asymmetric or symmetric time preference and discounting in many facets of economic theory: A miscellany

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  • Paul Samuelson

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  • Paul Samuelson, 2008. "Asymmetric or symmetric time preference and discounting in many facets of economic theory: A miscellany," Journal of Risk and Uncertainty, Springer, vol. 37(2), pages 107-114, December.
  • Handle: RePEc:kap:jrisku:v:37:y:2008:i:2:p:107-114
    DOI: 10.1007/s11166-008-9047-8
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    References listed on IDEAS

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    1. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    2. Robert M. Solow, 1955. "The Production function and the Theory of Capital," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 23(2), pages 101-108.
    3. Fisher, Irving, 1907. "The Rate of Interest," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number fisher1907.
    4. Christian Gollier, 2004. "The Economics of Risk and Time," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262572249, December.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Richard Zeckhauser & W. Viscusi, 2008. "Discounting dilemmas: Editors’ introduction," Journal of Risk and Uncertainty, Springer, vol. 37(2), pages 95-106, December.
    2. Driouchi, Tarik & So, Raymond H.Y. & Trigeorgis, Lenos, 2020. "Investor ambiguity, systemic banking risk and economic activity: The case of too-big-to-fail," Journal of Corporate Finance, Elsevier, vol. 62(C).

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    More about this item

    Keywords

    Present-moment bias; Stochastic optimizing of expected utility outcomes; Associative means for post-1738 Laplacians; D90; B21; D80;
    All these keywords.

    JEL classification:

    • D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General
    • B21 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Microeconomics
    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General

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