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Characteristics of the Term Structure of Psychological Discount Rate
16 references·0 citing·38 second hop
Characteristics of the Term Structure of Psychological Discount Rate (2015)Characteristics of the Term Structure of …Eliciting Risk and Time Preferences (2008)Eliciting Risk and Time Prefe…z-Tree: Zurich toolbox for ready-made economic experiments (2007)z-Tree: Zurich toolbox for re…Time Discounting and Time Preference: A Critical Review (2002)Time Discounting and Time Pre…Risk Aversion and Incentive Effects (2002)Risk Aversion and Incentive E…Temptation and Self-Control (2001)Temptation and Self-ControlGolden Eggs and Hyperbolic Discounting (1997)Golden Eggs and Hyperbolic Di…Anomalies in Intertemporal Choice: Evidence and an Interpretation (1992)Anomalies in Intertemporal Ch…Habit Formation: A Resolution of the Equity Premium Puzzle (1990)Habit Formation: A Resolution…Anticipation and the Valuation of Delayed Consumption (1987)Anticipation and the Valuatio…A Theory of the Term Structure of Interest Rates (1985)A Theory of the Term Structur…Some empirical evidence on dynamic inconsistency (1981)Some empirical evidence on dy…An Economic Theory of Self-Control (1981)An Economic Theory of Self-Co…An intertemporal asset pricing model with stochastic consumption and investment opportunities (1979)An intertemporal asset pricin…An Intertemporal Capital Asset Pricing Model (1973)An Intertemporal Capital Asse…Optimum consumption and portfolio rules in a continuous-time model (1971)Optimum consumption and portf…A Note on Measurement of Utility (1937)A Note on Measurement of Util…Prospect Theory: An Analysis of Decision under Risk (1979)Toward a positive theory of consumer choice (1980)Prospect theory: An analysis of decision under risk (1988)Investor Psychology and Asset Pricing (2001)Temporal construal. (2003)Lifetime Portfolio Selection By Dynamic Stochastic Programming (1969)Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case (1969)LIFETIME PORTFOLIO SELECTION BY DYNAMIC STOCHASTIC PROGRAMMING (1975)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)Efficient Capital Markets: II (1991)A Closed-Form Solution for Options with Stochastic Volatility with Applications to Bond and Currency Options (1993)Common risk factors in the returns on stocks and bonds (1993)Myopia and Inconsistency in Dynamic Utility Maximization (1973)Construal-level theory of psychological distance. (2010)Specious reward: A behavioral theory of impulsiveness and impulse control. (1975)Implications of rational inattention (2003)Does Culture Affect Economic Outcomes? (2006)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)The Cross-Section of Expected Stock Returns (1992)Loss Aversion in Riskless Choice: A Reference-Dependent Model (1991)Field Experiments (2004)Cognitive Reflection and Decision Making (2005)Psychology and Economics: Evidence from the Field (2009)An equilibrium characterization of the term structure (1977)Bond Pricing and the Term Structure of Interest Rates: A New Methodology for Contingent Claims Valuation (1992)Dynamic Asset Pricing Theory. (1993)Theory of rational option pricing (2005)Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small and in the Large (1976)Oxytocin increases trust in humans (2005)Gender Differences in Preferences (2009)INDIVIDUAL RISK ATTITUDES: MEASUREMENT, DETERMINANTS, AND BEHAVIORAL CONSEQUENCES (2011)Are people conditionally cooperative? Evidence from a public goods experiment (2001)Altruistic punishment in humans (2002)Do Women Shy Away From Competition? Do Men Compete Too Much? (2007)
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References

  • 2007z-Tree: Zurich toolbox for ready-made economic experiments9,517 cited
  • 1985A Theory of the Term Structure of Interest Rates8,333 cited
  • 1973An Intertemporal Capital Asset Pricing Model6,557 cited
  • 2002Time Discounting and Time Preference: A Critical Review6,395 cited
  • 1997Golden Eggs and Hyperbolic Discounting6,117 cited
  • 2002Risk Aversion and Incentive Effects5,973 cited
  • 1971Optimum consumption and portfolio rules in a continuous-time model5,966 cited
  • 1979An intertemporal asset pricing model with stochastic consumption and investment opportunities2,694 cited
  • 1992Anomalies in Intertemporal Choice: Evidence and an Interpretation2,305 cited
  • 1981Some empirical evidence on dynamic inconsistency2,253 cited
  • 1981An Economic Theory of Self-Control2,192 cited
  • 1937A Note on Measurement of Utility2,177 cited
  • 1990Habit Formation: A Resolution of the Equity Premium Puzzle2,129 cited
  • 1987Anticipation and the Valuation of Delayed Consumption1,330 cited
  • 2008Eliciting Risk and Time Preferences1,270 cited
  • 2001Temptation and Self-Control

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