搜索结果: 1-10 共查到“经济学 Discounting”相关记录10条 . 查询时间(0.056 秒)
Discounting Human Lives
Discounting Human Lives Lives
font style='font-size:12px;'>
2015/9/18
Over the last twenty years, economists have taken
a strong interest in the evaluation of programs
that save lives. The almost exclusive focus of
their research, however, has been ascertaining
indi...
The Implications of Hyperbolic Discounting for Project Evaluation
Project Evaluation Hyperbolic Discounting
font style='font-size:12px;'>
2015/9/18
The neoclassical theory of project evaluation is based on
models in which agents discount the future at a constant
exponential rate. But there is strong empirical evidence say
that people discoun...
Solving the Neoclassical Growth Model with Quasi-Geometric Discounting: A Grid-Based Euler-Equation Method
Discounts neoclassical growth model grid euler equations
font style='font-size:12px;'>
2015/7/21
Solving the Neoclassical Growth Model with Quasi-Geometric Discounting: A Grid-Based Euler-Equation Method.
Indeterminacy in a log–linearized neoclassical growth model with quasi-geometric discounting
The neoclassical growth model discounts nonlinear model logarithm linear function
font style='font-size:12px;'>
2015/7/21
This paper studies the properties of solutions to a log–linearized version of the neoclassical growth model with quasi-geometric discounting. We show that after the log–linearization, the model has in...
A NOTE ON PAYMENTS IN THE LAB FOR INFINITE HORIZON DYNAMIC GAMES WITH DISCOUNTING
Payment in experiments Experimental economics
font style='font-size:12px;'>
2015/7/15
We also establish that a simple payment scheme, paying participants for the last (randomly occurring)
round, robustly implements the predicted outcomes for any infinite horizon dynamic game wit...
Illustrating a problem in the self-financing condition in two 2010-2011 papers on funding, collateral and discounting
Funding cost cost of funding funding and discounting self-financing strategy trading strategies hedging.
font style='font-size:12px;'>
2012/9/14
We illustrate a problem in the self-financing condition used in the papers “Fund-ing beyond discounting: collateral agreements and derivatives pricing” (Risk Magazine,February 2010) and “Partial Diffe...
LIFE IS NOW! TIME DISCOUNTING AND CRIME: EVIDENCE FROM THE ITALIAN REGIONS (2002-2007) ♣
Time Preferences Property Crime Violent Crime Italian Regions Panel data.
font style='font-size:12px;'>
2014/6/24
This paper tests the relationship between time preferences and crime rates as posited by Davis (1988), whose theoretical analysis suggests that individuals’ attitude towards the future significantly a...
Risk assessment for uncertain cash flows: Model ambiguity, discounting ambiguity, and the role of bubbles
Risk assessment uncertain cash flows Model ambiguity
font style='font-size:12px;'>
2010/10/18
We study the risk assessment of uncertain cash flows in terms of dynamic convex risk measures for processes as introduced in Cheridito, Delbaen, and Kupper (2006). These risk measures take into accou...
Two Curves, One Price: Pricing & Hedging Interest Rate Derivatives Decoupling Forwarding and Discounting Yield Curves
liquidity crisis counterparty risk yield curve forward curve discount curve
font style='font-size:12px;'>
2010/11/1
We revisit the problem of pricing and hedging plain vanilla single-currency in-terest rate derivatives using multiple distinct yield curves for market coherent esti-mation of discount factors and forw...
Security Pricing with Information-Sensitive Discounting
Security Pricing Information-Sensitive Discounting
font style='font-size:12px;'>
2010/10/18
In this paper incomplete-information models are developed for the pricing of securities in a stochastic interest rate setting. In particular we consider credit-risky assets that may include random re...