Essays about: "Exponential discounting"

Found 2 essays containing the words Exponential discounting.

1. 1. 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

3. 2. Well begun is half done - A study about procrastination

   University essay from Handelshögskolan i Stockholm/Institutionen för företagande och ledning

   Author : Erik Jontell; Viktor Schönning; [2012]
   Keywords : Hyperbolic discounting; Exponential discounting; Start-up cost; Intertemporal choice; Procrastination;

   Abstract : While a considerable amount of research has been made on the discounting of future rewards, this thesis seeks to improve our knowledge of how people discount arduous tasks. Reward discounting has traditionally been modeled geometrically with the discounted utility model but has lately come into question by scientist favoring the hyperbolic model. READ MORE