Myopia and Inconsistency in Dynamic Utility Maximization

Strotz, R. H.·1955·The Review of Economic Studies

Cited by (1,000)

Items 101–200 of 1,000

  1. Untitled work
    Hertwig · 1999 · 10.1002/(sici)1099-0771(199912)12:4
  2. On hyperbolic discounting and uncertain hazard rates
    Peter D. Sozou · 1998 · Proceedings of the Royal Society B Biological Sciences
  3. The Economics and Psychology of Personality Traits
    Lex Borghans, Angela Lee Duckworth, James J. Heckman, Bas ter Weel · 2008 · SSRN Electronic Journal
  4. Energy policy with externalities and internalities
    Hunt Allcott, Sendhil Mullainathan, Dmitry Taubinsky · 2014 · Journal of Public Economics
  5. Harnessing Our Inner Angels and Demons: What We Have Learned About Want/Should Conflicts and How That Knowledge Can Help Us Reduce Short-Sighted Decision Making
    Katherine L. Milkman, Todd Rogers, Max H. Bazerman · 2008 · Perspectives on Psychological Science
  6. Coalition formation as a dynamic process
    Hideo Konishi, Debraj Ray · 2003 · Journal of Economic Theory
  7. The Behavioralist Goes to School: Leveraging Behavioral Economics to Improve Educational Performance
    Steven D. Levitt, John A. List, Susanne Neckermann, Sally Sadoff · 2012 · American Economic Journal Economic Policy
  8. Measuring Self-Control Problems
    J. Ameriks, Andrew Caplin, J. Leahy, Tom Tyler · 2007 · American Economic Review
  9. THE AMBIGUITY AVERSION LITERATURE: A CRITICAL ASSESSMENT
    Nabil I. Al‐Najjar, Jonathan Weinstein · 2009 · Economics and Philosophy
  10. Short horizons and tempting situations: Lack of continuity to our future selves leads to unethical decision making and behavior
    Hal Ersner-Hershfield, Taya R. Cohen, Leigh Thompson · 2011 · Organizational Behavior and Human Decision Processes
  11. Changing Behavior Using the Theory of Planned Behavior
    Icek Ajzen, Peter Schmidt · 2020 · Cambridge University Press eBooks
  12. Malleable Mental Accounting: The Effect of Flexibility on the Justification of Attractive Spending and Consumption Decisions
    Amar Cheema, D. Soman · 2006 · Journal of Consumer Psychology
  13. Four Score and Seven Years from Now: The Date/Delay Effect in Temporal Discounting
    Daniel Read, Shane Frederick, Burcu Orsel, Juwaria Rahman · 2005 · Management Science
  14. Beyond Willpower: Strategies for Reducing Failures of Self-Control
    Angela Lee Duckworth, Katherine L. Milkman, David Laibson · 2018 · Gothic.net
  15. The Psychology of Intertemporal Discounting: Why are Distant Events Valued Differently from Proximal Ones?
    Dilip Soman, George W. Ainslie, Shane Frederick, Xiuping Li, John G Lynch, Page Moreau, Andrew David Mitchell, Daniel Read, Alan G. Sawyer, Yaacov Trope B et al. · 2005 · Marketing Letters
  16. Applying Insights from Behavioral Economics to Policy Design
    Brigitte C. Madrian · 2014 · Annual Review of Economics
  17. Behavioral Foundations of Microcredit: Experimental and Survey Evidence from Rural India
    Michal Bauer, Julie Chytilová, Jonathan Morduch · 2012 · American Economic Review
  18. Should Governments Use a Declining Discount Rate in Project Analysis?
    Kenneth Joseph Arrow, Maureen Cropper, Christian Gollier, Ben Groom, Geoffrey Heal, Richard G. Newell, William D. Nordhaus, Robert S. Pindyck, William A. Pizer, Paul R. Portney et al. · 2014 · Review of Environmental Economics and Policy
  19. Chapter 11 The distribution of wealth
    James Davies, Anthony F. Shorrocks · 2000 · Handbook of income distribution
  20. Decreasing Impatience: A Criterion for Non‐stationary Time Preference and “Hyperbolic” Discounting
    Dražen Prelec · 2004 · Scandinavian Journal of Economics
  21. Temporal Stability of Time Preferences
    Stephan Meier, Charles D. Sprenger · 2014 · The Review of Economics and Statistics
  22. Strotz Meets Allais: Diminishing Impatience and the Certainty Effect
    Yoram Halevy · 2008 · American Economic Review
  23. Determinants of smallholder farmers’ adaptation strategies to the effects of climate change: Evidence from northern Uganda
    Francis Atube, Geoffrey Maxwell Malinga, Martine Nyeko, Daniel Micheal Okello, Simon Peter Alarakol, Ipolto Okello‐Uma · 2021 · Agriculture & Food Security
  24. Pro-social behavior in a natural setting
    Bruno S. Frey, Stephan Meier · 2004 · Journal of Economic Behavior & Organization
  25. A theory of Markovian time-inconsistent stochastic control in discrete time
    Tomas Björk, Agatha Murgoci · 2014 · Finance and Stochastics
  26. Taxation and Saving
    B. Bernheim · 1999 · National Bureau of Economic Research
  27. Homo economicus Evolves
    Steven D. Levitt, John A. List · 2008 · Science
  28. Psychology and Economics: Evidence from the Field
    Stefano DellaVigna · 2007 · National Bureau of Economic Research
  29. Demand for health
    Jaana-Marja Muurinen · 1982 · Journal of Health Economics
  30. Time preference, time discounting, and smoking decisions
    Ahmed Khwaja, Dan P. Silverman, Frank Allen Sloan · 2007 · Journal of Health Economics
  31. The effect of temporal constraints on the value of money and other commodities
    Andrés Raineri, Howard C. Rachlin · 1993 · Journal of Behavioral Decision Making
  32. Optimal time-consistent investment and reinsurance policies for mean-variance insurers
    Yan Zeng, Zhongfei Li · 2011 · Insurance Mathematics and Economics
  33. Is a bird in the hand worth two in the future? The neuroeconomics of intertemporal decision-making
    Tobias Kalenscher, Cyriel M. A. Pennartz · 2007 · Progress in Neurobiology
  34. Ambiguity and Ambiguity Aversion
    Mark J. Machina, Marciano Siniscalchi · 2014 · Handbook of risk and uncertainty
  35. Addiction and backsliding
    Gordon C. Winston · 1980 · Journal of Economic Behavior & Organization
  36. The ethical mirage: A temporal explanation as to why we are not as ethical as we think we are
    Ann E. Tenbrunsel, Kristina A. Diekmann, Kimberly A. Wade‐Benzoni, Max H. Bazerman · 2010 · Research in Organizational Behavior
  37. Vividness of the Future Self Predicts Delinquency
    Jean‐Louis van Gelder, Hal Ersner-Hershfield, Loran F. Nordgren · 2013 · Psychological Science
  38. Evaluations of pairs of experiences: A preference for happy endings
    William T. Ross, Itamar Simonson · 1991 · Journal of Behavioral Decision Making
  39. The Malleability of Intertemporal Choice
    Lempert, Karolina M., Phelps, Elizabeth A. · 2016 · Trends in Cognitive Sciences
  40. Recent advances in reinforcement learning in finance
    Ben M. Hambly, Renyuan Xu, Huining Yang · 2023 · Mathematical Finance
  41. LINEAR-NONLINEAR-POISSON MODELS OF PRIMATE CHOICE DYNAMICS
    Corrado, Greg S., Sugrue, Leo P., Seung, H. Sebastian, Newsome, William T. · 2005 · Journal of the Experimental Analysis of Behavior
  42. Impatience and grades: Delay-discount rates correlate negatively with college GPA
    Kris N. Kirby, Gordon C. Winston, Mariana Santiesteban · 2005 · Learning and Individual Differences
  43. Access to Finance
    D. Karlan, Jonathan Morduch · 2010 · Handbook of development economics
  44. Dynamic choice under ambiguity
    Marciano Siniscalchi · 2011 · Theoretical Economics
  45. Equilibrium Welfare and Government Policy with Quasi-geometric Discounting
    Per L. Krusell, Burhanettin Kuruşçu, Anthony A. Smith · 2002 · Journal of Economic Theory
  46. Environmental Cost-Benefit Analysis
    Giles Atkinson, Susana Mourato · 2008 · Annual Review of Environment and Resources
  47. Instantaneous Gratification *
    Christopher Harris, David Laibson · 2012 · The Quarterly Journal of Economics
  48. Heterogeneity in Intra-Monthly Consumption Patterns, Self-Control, and Savings at Retirement
    Giovanni Mastrobuoni, Matthew Weinberg · 2009 · American Economic Journal Economic Policy
  49. Advancing Beyond Advances in Behavioral Economics
    Drew Fudenberg B · 2006 · Journal of Economic Literature
  50. Declining Discount Rates: The Long and the Short of it
    Ben Groom, Cameron J. Hepburn, Phoebe Koundouri, David Pearce · 2005 · Environmental and Resource Economics
  51. Put Your Money Where Your Butt Is: A Commitment Contract For Smoking Cessation
    Dean Karlan, Xavier Giné A, Jonathan Zinman · 2009
  52. The Social Discount Rate
    Andrew Caplin, John Vincent Leahy · 2000 · Journal of Political Economy
  53. The Brain as a Hierarchical Organization
    Isabelle Brocas, Juan D. Carrillo · 2008 · American Economic Review
  54. Collective Dynamic Choice: The Necessity of Time Inconsistency
    Matthew O. Jackson, Leeat Yariv · 2015 · American Economic Journal Microeconomics
  55. ELICITING RISK AND TIME PREFERENCES USING FIELD EXPERIMENTS: SOME METHODOLOGICAL ISSUES
    Glenn William Harrison, Morten I. Lau, E. Elisabet Rutström, Melonie B. Sullivan · 2005 · Research in experimental economics
  56. Time Inconsistency in the Credit Card Market
    Haiyan Shui, Lawrence Marc Ausubel · 2004 · SSRN Electronic Journal
  57. TIME‐INCONSISTENCY AND WELFARE PROGRAM PARTICIPATION: EVIDENCE FROM THE NLSY*
    Hanming Fang, Dan P. Silverman · 2009 · International Economic Review
  58. Self-Regulation Through Goal Setting
    Alexander K. Koch, Julia Nafziger · 2011 · Social Science Research Network
  59. Utility from anticipation and personal equilibrium
    Botond Kőszegi · 2009 · Economic Theory
  60. UNCERTAIN LIFETIME AND INTERTEMPORAL CHOICE: RISK AVERSION AS A RATIONALE FOR TIME DISCOUNTING*
    Antoine Bommier · 2006 · International Economic Review
  61. ESTIMATING DYNAMIC DISCRETE CHOICE MODELS WITH HYPERBOLIC DISCOUNTING, WITH AN APPLICATION TO MAMMOGRAPHY DECISIONS
    Hanming Fang, Yang Wang · 2010 · International Economic Review
  62. The Evolutionary Foundations of Economics
    Kurt Dopfer, Jason Potts · 2005 · Cambridge University Press eBooks
  63. Resource extraction under the uncertainty about possible nationalization
    Ngo Van Long · 1975 · Journal of Economic Theory
  64. The Optimal Degree of Discretion in Monetary Policy
    Susan Carleton Athey, Andrew G. Atkeson, Patrick J. Kehoe · 2005 · Econometrica
  65. Why Don't Present-Biased Agents Make Commitments?
    David Laibson · 2015 · American Economic Review
  66. Decision Making: From Neuroscience to Psychiatry
    Daeyeol Lee · 2013 · Neuron
  67. Empirical and public choice evidence for hyperbolic social discount rates and the implications for intergenerational discounting
    Norman Henderson, Ian Julian Bateman · 1995 · Environmental and Resource Economics
  68. The substitutability of external control and self-control
    Ayelet Fishbach B, Yaacov Trope B · 2004 · Journal of Experimental Social Psychology
  69. Paycheque Receipt and the Timing of Consumption
    Melvin Stephens · 2006 · The Economic Journal
  70. Discounting by Intervals: A Generalized Model of Intertemporal Choice
    Marc Scholten, Daniel Read · 2006 · Management Science
  71. An Experiment on Time Preference and Misprediction in Unpleasant Tasks
    Ned Augenblick, M. Rabin · 2019 · The Review of Economic Studies
  72. Time preferences and consumer behavior
    David Bradford, Charles Courtemanche, Garth Heutel, Patrick McAlvanah, Christopher J. Ruhm · 2017 · Journal of Risk and Uncertainty
  73. Evolution and Human Nature
    Arthur John Robson · 2002 · The Journal of Economic Perspectives
  74. Incorporating Limited Rationality into Economics
    Matthew Rabin · 2013 · Journal of Economic Literature
  75. A review of nudges: Definitions, justifications, effectiveness
    Luca Congiu, Ivan Moscati · 2021 · Journal of Economic Surveys
  76. Modern Macroeconomics in Practice: How Theory Is Shaping Policy
    Varadarajan V. Chari, Patrick J. Kehoe · 2006 · The Journal of Economic Perspectives
  77. Optimal time-consistent investment and reinsurance strategies for insurers under Heston’s SV model
    Zhongfei Li, Yan Zeng, Yongzeng Lai · 2011 · Insurance Mathematics and Economics
  78. The Perception and Valuation of the Risks of Climate Change: A Rational and Behavioral Blend
    W. Kip Viscusi, Richard Zeckhauser · 2006 · Climatic Change
  79. The power of negative and positive episodic memories
    Samantha Erin Williams, Jaclyn Hennessey Ford, Elizabeth A. Kensinger · 2022 · Cognitive Affective & Behavioral Neuroscience
  80. Behavioral Public Economics: Welfare and Policy Analysis with Non-Standard Decision-Makers
    B. Douglas Bernheim, Antonio Rangel · 2005 · National Bureau of Economic Research
  81. Dilemmas of an Economic Theorist
    Ariel Rubinstein · 2008 · Voprosy Ekonomiki
  82. Global warming and hyperbolic discounting
    Larry S. Karp · 2005 · Journal of Public Economics
  83. Choices, situations, and happiness
    Botond Kőszegi, Matthew Rabin · 2008 · Journal of Public Economics
  84. Time-inconsistent optimal control problems and the equilibrium HJB equation
    Jiongmin Yong · 2012 · Mathematical Control and Related Fields
  85. Time Preference in Medical Decision Making and Cost - Effectiveness Analysis
    Donald A. Redelmeier, Daniel N. Heller · 1993 · Medical Decision Making
  86. Time-Inconsistent Stochastic Linear-Quadratic Control: Characterization and Uniqueness of Equilibrium
    Ying Hu, Hanqing Jin, Xun Yu Zhou · 2017 · SIAM Journal on Control and Optimization
  87. An Investigation of Time Inconsistency
    Serdar Sayman, Ayşe Öncüler · 2007 · Management Science
  88. Wages, seniority, and the demand for rising consumption profiles
    Robert H. Frank, ROBERT M. HUTCHENS · 1993 · Journal of Economic Behavior & Organization
  89. Neural Dissociation of Delay and Uncertainty in Intertemporal Choice
    Christian C. Luhmann, Marvin M. Chun, Do-Joon Yi, Daeyeol Lee, Xiao‐Jing Wang · 2008 · Journal of Neuroscience
  90. Indebted Demand
    Atif Mian, Ludwig Straub, Amir Sufi · 2021 · The Quarterly Journal of Economics
  91. Deferring versus Expediting Consumption: The Effect of Outcome Concreteness on Sensitivity to Time Horizon
    Selin A. Malkoc, Gal S. Zauberman · 2006 · Journal of Marketing Research
  92. Timing and Self-Control
    Drew Fudenberg, David K. Levine · 2012 · Econometrica
  93. Internal and External Barriers to Energy Efficiency: Made-to-Measure Policy Interventions
    Cristina Cattaneo · 2018 · Energy Efficiency
  94. On some alternative criteria for justice between generations
    Partha Sarathi Dasgupta · 1974 · Journal of Public Economics
  95. Changing Behavior Using the Model of Action Phases
    Keller, Lucas, Gollwitzer, Peter M., Sheeran, Paschal · 2020 · The Handbook of Behavior Change
  96. Subadditive versus hyperbolic discounting: A comparison of choice and matching
    Daniel Read, Peter H. M. P. Roelofsma · 2003 · Organizational Behavior and Human Decision Processes
  97. When do you Want It? Time, Decisions, and Public Policy
    John G. Lynch, G. Zauberman · 2006 · Journal of Public Policy & Marketing
  98. The Teasing Effect: An Underappreciated Benefit of Creating and Resolving an Uncertainty
    Bowen Ruan, Christopher K. Hsee, Zoe Y. Lu · 2018 · Journal of Marketing Research
  99. Contributions to Defined Contribution Pension Plans
    James J. Choi · 2015 · Annual Review of Financial Economics
  100. Future lock-in: Future implementation increases selection of ‘should’ choices
    Todd Rogers, Max H. Bazerman · 2008 · Organizational Behavior and Human Decision Processes