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Working Over Time:Dynamic Inconsistency in Real Effort Tasks
Time Discounting Demand for Commitment Real Effort Convex Time Budget
2015/7/23
Experimental tests of dynamically inconsistent time preferences have largely relied on choices over time-dated monetary rewards. Several recent studies have failed to find the standard patterns of pre...
New Dynamic Public Finance is a recent literature that extends the static Mirrlees [1971] framework to dynamic settings.The approach addresses a broader set of issues in optimal policy than its static...