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Consumption-Savings Decisions with Quasi-Geometric Discounting
4 references·16 citing·36 second hop
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References

  • 1955Myopia and Inconsistency in Dynamic Utility Maximization2,834 cited
  • 1973Myopia and Inconsistency in Dynamic Utility Maximization2,743 cited
  • 1995Preference Reversals Due to Myopic Discounting of Delayed Reward591 cited
  • 2001Dynamic Choices of Hyperbolic Consumers516 cited

Cited by

  • 2012MEAN–VARIANCE PORTFOLIO OPTIMIZATION WITH STATE‐DEPENDENT RISK AVERSION505 cited
  • 2009Long-duration bonds and sovereign defaults411 cited
  • 2010A General Theory of Markovian Time Inconsistent Stochastic Control Problems343 cited
  • 2017On time-inconsistent stochastic control in continuous time325 cited
  • 2008Investment and consumption without commitment285 cited
  • 2011Growth in the Shadow of Expropriation *268 cited
  • 2008Sovereign default, interest rates and political uncertainty in emerging markets243 cited
  • 2003Time-Inconsistent Preferences and Social Security229 cited
  • 2014A theory of Markovian time-inconsistent stochastic control in discrete time224 cited
  • 2009INFLATION AND CENTRAL BANK INDEPENDENCE: A META‐REGRESSION ANALYSIS208 cited
  • 2012Rotten Parents and Disciplined Children: A Politico-Economic Theory of Public Expenditure and Debt

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198 cited
  • 2012Instantaneous Gratification *198 cited
  • 2005Behavioral Public Economics: Welfare and Policy Analysis with Non-Standard Decision-Makers176 cited
  • 2010ESTIMATING DYNAMIC DISCRETE CHOICE MODELS WITH HYPERBOLIC DISCOUNTING, WITH AN APPLICATION TO MAMMOGRAPHY DECISIONS169 cited
  • 2014Fiscal Rules and Discretion Under Persistent Shocks168 cited
  • 2010Rent-seeking distortions and fiscal procyclicality156 cited