In economics, exponential discounting is a specific form of the discount function, used in the analysis of choice over time (with or without uncertainty). Formally, exponential discounting …

In the exponential discounting model, would the individual want a commitment device? No. In this model, choices are time consistent so the future self will make whatever decision the present …

第一种是天真的人（Naivete），他们天真的认为自己的效用函数是exponential discounting，即 \beta =1，也就是说他们认为自己的行为选择具备time consistency。而现实情况是，他们的对 …

Exponential discounting occurs when an agent discounts future costs and benefits at a consistent rate through time. Under exponential discounting, each additional period of delay results in a …

Exponential discounting: D t = t, where 2 (0;1] U = XT s=t s tu(c s) where = 1=(1+ˆ), = discount factor, and ˆ = discount rate.

2015年4月8日 · There's some interesting mathematics behind hyperbolic discounting, a behavioral finance concept. Here's how it compares to exponential discounting.

2019年6月12日 · Consider an exponential discount factor $\delta\in(0,1)$. Similarly, consider an exponential discount $\textit{function}$: $g(t)=\delta^t$. Then, is defining the discount …

Sometimes discounting is expressed in terms of a discount rate r rather than a discount factor . The conversion is as follows: If your discount factor is 0.79 then your discount rate is 0.27. …

Introduction In finance and economics, time plays a crucial role in decision-making. The value of money changes over time, and individuals tend to discount future rewards relative to …

Exponential discounting is a method used in economics to represent how individuals value future rewards or benefits compared to immediate ones. It suggests that people perceive the value of …