Sharpening Intertemporal Prospect Theory
AbstractProspect theory  of risky choices has been extended to encompass intertemporal choices . Presentation of intertemporal prospect theory suffers from minor mistakes, however . To clarify the theory we restate it and show further mistakes in current presentations (, ) of value and discount functions.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 1849.
Date of creation: 2006
Date of revision:
Find related papers by JEL classification:
- D91 - Microeconomics - - Intertemporal Choice - - - Intertemporal Household Choice; Life Cycle Models and Saving
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-02-24 (All new papers)
- NEP-CBE-2007-02-24 (Cognitive & Behavioural Economics)
- NEP-UPT-2007-02-24 (Utility Models & Prospect Theory)
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Econometrica, Econometric Society,
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