Time for Tea: Measuring Discounting for Money and Consumption without the Utility Confound http://d.repec.org/n?u=RePEc:cor:louvco:2023007&r=exp
…simple way to measure #discounting while side stepping the problems of utility curvature. … finding little evidence of decreasing #impatience but significant evidence of #subadditivity… may have important implications for the design of contracts or payment plans
#ExperimentalEcon

UGAE: A Novel Approach to Non-exponential Discounting

https://openreview.net/forum?id=wZ6pJGRJA4

#discounting #reinforcement #rewards

On the difference between social and private discount rates, and what it means for climate policy.

We wrote a paper about it, with a text box dedicated to policy-making:

https://doi.org/10.1016/j.crm.2023.100488
#climate #policy #adaptation #discounting #future