WP 2020-09 Constant Discounting, Temporal Instability and Dynamic Inconsistency in Denmark: A Longitudinal Field Experiment

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Forthcoming, International Economic Review

AUTHORS: Glenn W. Harrison, Morten I. Lau and Hong Il Yoo

ABSTRACT: Claims that individuals have dynamically inconsistent preferences are usually made by studying individual discount rates over different time delays, but where those discount rates are elicited at a single point in time. However, to… more »

WP 2011-04 Multiattribute Utility Theory, Intertemporal Utility and Correlation Aversion

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Published in 2018 in International Economic Review, Volume 59, Number 2.

AUTHORS: Steffen Andersen, Glenn W. Harrison, Morten Igel Lau, and E. Elisabet Rutström

ABSTRACT: Convenient assumptions about qualitative properties of the intertemporal utility function have generated counterintuitive implications for the relationship between atemporal risk aversion and… more »