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- W2023131294 abstract "This article explores how the presence of a quasi-hyperbolic discount parameter in a land investment model can affect conversion times for undeveloped rural land. A simple model of land development is compared using both exponential discounting and quasi-hyperbolic discounting. The presence of quasi-hyperbolic discounting tends to increase the rate of land conversion and may lead to possible overdevelopment of rural lands." @default.
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- W2023131294 date "2012-06-01" @default.
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- W2023131294 title "The effect of quasi-hyperbolic discounting on rural land conversion timing" @default.
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- W2023131294 doi "https://doi.org/10.1080/13504851.2011.607119" @default.
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