Essays about: "Discounting"

Showing result 16 - 20 of 40 essays containing the word Discounting.

  1. 16. Mobile Self-scanning -Increasing Self-Control?

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Sofia Frögelius; [2015]
    Keywords : Mobile Self-scanning; Self-control; Commitment Devices; Hyperbolic Discounting; Inattentiveness; Business and Economics;

    Abstract : In the grocery store there are constantly occasions when choices are to be made. Sometimes it is hard to make the best choices. Therefore, consumers sometimes need tools to facilitate choosing the best groceries for their welfare. A mobile self-scanner can be such a tool. READ MORE

  2. 17. (agri)Environmental contracts, dynamic inconsistencies and moral hazard

    University essay from SLU/Dept. of Economics

    Author : Georgios N. Diakoulakis; [2015]
    Keywords : contract design; behavior; decision-makin; discounting; economics; intertemporal choices;

    Abstract : From the beginning of the world, the agricultural sector has always played an essential role into our society, and contracts have massively been used by policy-makers for the implementation of (agri)environmental policies, especially when such policies concern the use and development of privately owned land, and information asymmetries between policy-makers and individuals exist. Even though the majority of (agri)environmental contracts are designed assuming individual’s constant time-preferences, recent evidence from many behavioural studies on individual’s intertemporal choices advocate declining time-preferences due to behavioural biases, which can be explained by hyperbolic discounting. READ MORE

  3. 18. Risk Attitudes and the Equity Premium Puzzle: empirical tests in a cross-country setting

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Max Rylander; [2015]
    Keywords : Equity Premium Puzzle; Myopic Loss Aversion; Ambiguity Aversion; Cultural dimensions; Cultural stationarity;

    Abstract : This study utilises panel data, Equity Home Bias measurements and a two-stage estimation process incorporating one version of the international CAPM to extract comparable input data and test country-scores for risk preferences, risk aversion and time discounting as well as country scores on broader cultural dimensions, on country-estimates of the Equity Risk Premia. The risk attitude scores, which just recently have been made available, are such that they may proxy for irrational behaviours which have been theorized to explain the Equity Premium Puzzle, and enable a rigorous way to empirically test such an effect. READ MORE

  4. 19. Annuity Divisor - Comparison Between Different Computational Methods

    University essay from KTH/Matematisk statistik

    Author : Karl Birkholz; [2013]
    Keywords : ;

    Abstract : This thesis is focused on a vital component of the Swedish national pension system called Annuity Divisor which determines the annual pension amount. It is based on the life expectancy of the whole population and it also includes a set discount rate. READ MORE

  5. 20. Intertemporal land allocation decision under uncertainty and hyperbolic discounting

    University essay from SLU/Dept. of Economics

    Author : Qi Wang; [2013]
    Keywords : Land Use Decision; Option Value; Quasi-option Value; Uncertainty; Standard Exponential Discounting; Hyperbolic Discounting; Quasi-hyperbolic Discounting;

    Abstract : Land is of prime importance for all the activities of human beings, and how to efficiently use the limited land resource has been a crucial issue ever since the earliest times of human society. Uncertainty and irreversibility are important issues related to land use change, and it has been shown by Mäler and Fisher (2005, p590-p592) that the replacement of stochastic variable by its expected value could result in inappropriate land use decisions. READ MORE