Measurement-theoretic foundations of time discounting in economics

Book, Preprint English OPEN
Heilmann, Conrad;
(2008)
  • Publisher: The Centre for Philosophy of Natural and Social Science (CPNSS), London School of Economics
  • Subject: HB Economic Theory | B Philosophy (General)
    • jel: jel:J1
    acm: ComputerApplications_GENERAL

In economics, the concept of time discounting introduces weights on future goods to make these less valuable. Yet, both the conceptual motivation for time discounting and its specic functional form remain contested. To address these problems, this paper provides a measu... View more
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