Example of Intertemporal Capital Asset Pricing Model (ICAPM) There are many microeconomic and macroeconomic events that investors may want to use their portfolios to hedge against. Examples of ...

Marc Scholten, Daniel Read, Neil Stewart, The framing of nothing and the psychology of choice, Journal of Risk and Uncertainty, Vol. 59, No. 2 (October 2019), pp. 125-149 ...

An Excel workbook called IntertemporalChoice.xls provides a more advanced example of how to use Solver and the Comparative Statics Wizard. The workbook sets up the Lucas-Rapping Intertemporal Labor ...

Unimodal intertemporal decisions involve comparing options of the same type (e.g., apples now versus apples later), and cross-modal decisions involve comparing options of different types (e.g., a car ...

Recent work on collective intertemporal choice suggests that non-dictatorial social preferences are generically time inconsistent. We argue that this claim conflates time consistency with two distinct ...

This paper studies the relevance of cognitive uncertainty – subjective uncertainty over one's utility-maximizing action – for understanding and predicting intertemporal choice. The main idea is that ...