Matches in DBpedia 2016-04 for { <http://wikidata.dbpedia.org/resource/Q18394425> ?p ?o }
Showing triples 1 to 21 of
21
with 100 triples per page.
- Q18394425 subject Q6346922.
- Q18394425 subject Q7028952.
- Q18394425 subject Q7214790.
- Q18394425 subject Q8878883.
- Q18394425 abstract "In economics, Time-inconsistent preferences refers to the preferences which is time-inconsistent in intertemporal choices. Decisions being made at different points in time can be inconsistent with each other depending on expected utility anomalies, thus people sometimes make time-inconsistent decisions.Consider, for example, the following question:(a)Which do you prefer, be given 500 dollars today or 505 dollars tomorrow? (b)Which do you prefer, be given 500 dollars 365 days later or 505 dollars 366 days later?When this question is asked, to be time-consistent, we must choose "505 dollars tomorrow" for question (a) and "505 dollars 366 days later" for question (b). According to George Loewenstein and Drazen Prelec, however, people are not always consistent. People tend to choose "500 dollars today" and "505 dollars 366 days later", which is different from the time-consistent answer.Stephen Hoch and George Loewenstein used the relationship of cigarette and good health to explain the concept of time-inconsistency preferences:...people are disproportionately attracted to immediately available rewards. When two rewards (e.g., the pleasure of cigarette and the pleasure of good health) are both substantially delayed, the individual is able to make a rational trade-off between them. However, when one reward (the cigarette in this example) is imminent, it exerts a disproportionate attraction.".
- Q18394425 wikiPageExternalLink viewcontent.cgi?article=1091&context=sds.
- Q18394425 wikiPageExternalLink TimeDiscounting.pdf.
- Q18394425 wikiPageExternalLink TimeInconsistConSelf.pdf.
- Q18394425 wikiPageWikiLink Q1403813.
- Q18394425 wikiPageWikiLink Q1416170.
- Q18394425 wikiPageWikiLink Q2319304.
- Q18394425 wikiPageWikiLink Q5306146.
- Q18394425 wikiPageWikiLink Q5541802.
- Q18394425 wikiPageWikiLink Q60165.
- Q18394425 wikiPageWikiLink Q6346922.
- Q18394425 wikiPageWikiLink Q638123.
- Q18394425 wikiPageWikiLink Q7028952.
- Q18394425 wikiPageWikiLink Q7214790.
- Q18394425 wikiPageWikiLink Q8878883.
- Q18394425 comment "In economics, Time-inconsistent preferences refers to the preferences which is time-inconsistent in intertemporal choices.".
- Q18394425 label "Time-inconsistent preferences".