A note on the relevance of the q-exponential function in the context of intertemporal choices

被引：58

作者：

Cajueiro, DO ^{[1
]}

机构：

[1] Univ Catolica Brasilia, Grad Programme Econ, Brasilia, DF, Brazil

来源：

PHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS | 2006年 / 364卷

关键词：

behavioral economics; increasing patience; q-exponential; Tsallis's thermodynamics;

D O I：

10.1016/j.physa.2005.08.056

中图分类号：

O4 [物理学];

学科分类号：

0702 ;

摘要：

This paper shows that the q-exponential function well known in the deformed algebra inspired in the Tsallis's nonextensive thermodynamics may be used to model discount functions in intertemporal choices which present the phenomenon known as increasing patience. Moreover, we show that this insight may also be used to provide a measure of the degree of dynamic inconsistency presented in such decisions. (c) 2005 Elsevier B.V. All rights reserved.

引用

页码：385 / 388

页数：4

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