Mathematical Models for Intertemporal Choice PDF Download
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Author: Salvador Cruz Rambaud
Publisher: Frontiers Media SA
ISBN: 2889714098
Category : Science
Languages : en
Pages : 61
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Book Description
Author: Salvador Cruz Rambaud
Publisher: Frontiers Media SA
ISBN: 2889714098
Category : Science
Languages : en
Pages : 61
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Book Description
Author: Joseph W. Houpt
Publisher: Psychology Press
ISBN: 1317297512
Category : Psychology
Languages : en
Pages : 306
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Book Description
In this two volume festschrift, contributors explore the theoretical developments (Volume I) and applications (Volume II) in traditional cognitive psychology domains, and model other areas of human performance that benefit from rigorous mathematical approaches. It brings together former classmates, students and colleagues of Dr. James T. Townsend, a pioneering researcher in the field since the early 1960s, to provide a current overview of mathematical modeling in psychology. Townsend’s research critically emphasized a need for rigor in the practice of cognitive modeling, and for providing mathematical definition and structure to ill-defined psychological topics. The research captured demonstrates how the interplay of theory and application, bridged by rigorous mathematics, can move cognitive modeling forward.
Author: Ludwig von Auer
Publisher: Springer Science & Business Media
ISBN: 3642588794
Category : Business & Economics
Languages : en
Pages : 227
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Book Description
For most economic aspects of human behaviour, static deci sion models provide an insufficient description. More specifically, they ignore the fact that preferences may change over time and that at each point of time current preferences depend on aspects which are associated with the past or the future. The neglect of these phenomena may lead to results which have little in com mon with real life. Dynamic decision models were developed in order to cope with these complications. Spurred by the availability of new mathematical tools such as optimal control theory and dynamic programming, dynamic utility models mushroomed over the last two decades. Various frameworks were developed featuring dif ferent restrictions on the way agents form preferences in an in tertemporal environment. Unfortunately, no systematic reappraisal of this literature ex ists. The survey provided in part I of this thesis attempts to fill in this gap. It introduces a comprehensive classification sys tem which allows for a coherent organization of all studies of intertemporal choice under certainty and complete information. 2 1. Introduction The latter implies that the individual knows in advance all fu ture preferences and choice possibilities. In this survey we show that all dynamic utility models can be viewed as special cases of the class of universal utility mod els. It is therefore desirable to investigate intertemporal decision making in terms of this least restrictive framework. Accordingly, all findings of part II of this thesis are derived for the class of universal utility models.
Author: G. Chirichiello
Publisher: Springer
ISBN: 0333977424
Category : Business & Economics
Languages : en
Pages : 289
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Book Description
Intertemporal macroeconomics links microeconomics and growth theory methods. The effects of policies are examined as the dynamic interaction between decisions of agents and policy interventions. The book explores the two basic approaches of models of infinitely-lived agents (Cass-Ramsey-Koopmans approach) and models of overlapping-generations (Allais-Fisher-Samuelson approach). Controversial questions concerning monetary models and monetary policies are also considered in a systematic way. The book also introduces both real models and monetary models of endogenous growth.
Author: Alan Lewis
Publisher: Cambridge University Press
ISBN: 1108547680
Category : Psychology
Languages : en
Pages : 1240
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Book Description
There has recently been an escalated interest in the interface between psychology and economics. The Cambridge Handbook of Psychology and Economic Behaviour is a valuable reference dedicated to improving our understanding of the economic mind and economic behaviour. Employing empirical methods - including laboratory and field experiments, observations, questionnaires and interviews - the Handbook provides comprehensive coverage of theory and method, financial and consumer behaviour, the environment and biological perspectives. This second edition also includes new chapters on topics such as neuroeconomics, unemployment, debt, behavioural public finance, and cutting-edge work on fuzzy trace theory and robots, cyborgs and consumption. With distinguished contributors from a variety of countries and theoretical backgrounds, the Handbook is an important step forward in the improvement of communications between the disciplines of psychology and economics that will appeal to academic researchers and graduates in economic psychology and behavioral economics.
Author: Joseph Houpt
Publisher: Psychology Press
ISBN: 1317297520
Category : Psychology
Languages : en
Pages : 285
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Book Description
In this two volume festschrift, contributors explore the theoretical developments (Volume I) and applications (Volume II) in traditional cognitive psychology domains, and model other areas of human performance that benefit from rigorous mathematical approaches. It brings together former classmates, students and colleagues of Dr. James T. Townsend, a pioneering researcher in the field since the early 1960s, to provide a current overview of mathematical modeling in psychology. Townsend’s research critically emphasized a need for rigor in the practice of cognitive modeling, and for providing mathematical definition and structure to ill-defined psychological topics. The research captured demonstrates how the interplay of theory and application, bridged by rigorous mathematics, can move cognitive modeling forward.
Author: Christina A. Roberto
Publisher: Oxford University Press, USA
ISBN: 019939833X
Category : Business & Economics
Languages : en
Pages : 385
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Book Description
Behavioral economics has potential to offer novel solutions to some of today's most pressing public health problems: How do we persuade people to eat healthy and lose weight? How can health professionals communicate health risks in a way that is heeded? How can food labeling be modified to inform healthy food choices? Behavioral Economics and Public Health is the first book to apply the groundbreaking insights of behavioral economics to the persisting problems of health behaviors and behavior change. In addition to providing a primer on the behavioral economics principles that are most relevant to public health, this book offers details on how these principles can be employed to mitigating the world's greatest health threats, including obesity, smoking, risky sexual behavior, and excessive drinking. With contributions from an international team of scholars from psychology, economics, marketing, public health, and medicine, this book is a trailblazing new approach to the most difficult and important problems of our time.
Author:
Publisher: Elsevier
ISBN: 0444633898
Category : Business & Economics
Languages : en
Pages : 749
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Book Description
Handbook of Behavioral Economics: Foundations and Applications presents the concepts and tools of behavioral economics. Its authors are all economists who share a belief that the objective of behavioral economics is to enrich, rather than to destroy or replace, standard economics. They provide authoritative perspectives on the value to economic inquiry of insights gained from psychology. Specific chapters in this first volume cover reference-dependent preferences, asset markets, household finance, corporate finance, public economics, industrial organization, and structural behavioural economics. This Handbook provides authoritative summaries by experts in respective subfields regarding where behavioral economics has been; what it has so far accomplished; and its promise for the future. This taking-stock is just what Behavioral Economics needs at this stage of its so-far successful career. Helps academic and non-academic economists understand recent, rapid changes in theoretical and empirical advances within behavioral economics Designed for economists already convinced of the benefits of behavioral economics and mainstream economists who feel threatened by new developments in behavioral economics Written for those who wish to become quickly acquainted with behavioral economics
Author: Wolfgang Eichhorn
Publisher: Berlin : Springer-Verlag
ISBN: 9783540572244
Category : Economics
Languages : en
Pages : 713
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Book Description
Author: Stephane Hess
Publisher: Edward Elgar Publishing
ISBN: 1781003157
Category : Business & Economics
Languages : en
Pages : 721
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Book Description
The Handbook of Choice Modelling, composed of contributions from senior figures in the field, summarizes the essential analytical techniques and discusses the key current research issues. The book opens with Nobel Laureate Daniel McFadden calling for d
