ArticlePloS one2019
A measure of inconsistencies in intertemporal choice.
Article in PloS one, 2019. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 3 papers.
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Who cites it
3 citing papers in PubMed.
- A formal analysis of inconsistent decisions in intertemporal choice through subjective time perception.Heliyon · 2023Article
- The Impact of Consumers' Choice Deferral Behavior on Their Intertemporal Choice Preference.Frontiers in psychology · 2021Article
- Good things come to those who wait-Decreasing impatience for health gains and losses.PloS one · 2020Article
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Authors and funding
2 authors.
Funding
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Abstract
The aim of this paper is to derive an index able to indicate if a discount function exhibits increasing or decreasing impatience, and, even, in the last case, whether the decreasing impatience is moderate or strong. Moreover, it will be shown that the sign of this indicator coincides with the sign of the convexity index of the discount function when only considering the cases of increasing and decreasing impatience. Consequently, this parameter supposes an improvement of Prelec's index of convexity. The main advantage of this novel measure is that, the same as Prelec's index, it uses the differential calculus and, moreover, can be easily plotted by showing the changes from a type of impatience to another one according to time.
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