Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Eric's career includes extensive work ...
An Excel workbook called IntertemporalChoice.xls provides a more advanced example of how to use Solver and the Comparative Statics Wizard. The workbook sets up the Lucas-Rapping Intertemporal Labor ...
We here estimate a number of alternatives to discounted-utility theory, such as quasi-hyperbolic discounting, generalized hyperbolic discounting, and rank-dependent discounted utility with three ...
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