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- W2189262012 abstract "We present revealed-preference characterizations of the most common models of intertemporal choice: the model of exponentially discounted concave utility, and some of its generalizations. Our characterizations take consumption data as primitives, and provide nonparametric revealed-preference tests. We apply our tests to data from two recent experiments and find that our axiomatization delivers new insights and perspectives on datasets that had been analyzed by traditional parametric methods. (JEL C91, D11, D15)" @default.
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- W2189262012 date "2020-11-01" @default.
- W2189262012 modified "2023-09-27" @default.
- W2189262012 title "Testable Implications of Models of Intertemporal Choice: Exponential Discounting and Its Generalizations" @default.
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- W2189262012 doi "https://doi.org/10.1257/mic.20180028" @default.
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