英文标题：
《A simple framework for the axiomatization of exponential and
quasi-hyperbolic discounting》
---
作者：
Nina Anchugina
---
最新提交年份：
2015
---
英文摘要：
The main goal of this paper is to investigate which normative requirements, or axioms, lead to exponential and quasi-hyperbolic forms of discounting. Exponential discounting has a well-established axiomatic foundation originally developed by Koopmans (1960, 1972) and Koopmans et al. (1964) with subsequent contributions by several other authors, including Bleichrodt et al. (2008). The papers by Hayashi (2003) and Olea and Strzalecki (2014) axiomatize quasi-hyperbolic discounting. The main contribution of this paper is to provide an alternative foundation for exponential and quasi-hyperbolic discounting, with simple, transparent axioms and relatively straightforward proofs. Using techniques by Fishburn (1982) and Harvey (1986), we show that Anscombe and Aumann\'s (1963) version of Subjective Expected Utility theory can be readily adapted to axiomatize the aforementioned types of discounting, in both finite and infinite horizon settings.
---
中文摘要：
本文的主要目的是研究哪些规范性要求或公理导致指数和准双曲形式的折扣。指数折扣有一个公认的公理基础，最初由Koopmans（1960、1972）和Koopmans等人（1964）开发，随后由其他几位作者（包括Bleichrodt等人（2008））提供。Hayashi（2003）和Olea and Strzalecki（2014）的论文将准双曲贴现公理化。本文的主要贡献是为指数贴现和拟双曲贴现提供了一个替代基础，提供了简单、透明的公理和相对简单的证明。利用Fishburn（1982）和Harvey（1986）的技术，我们证明了Anscombe和Aumann（1963）版本的主观预期效用理论可以很容易地适用于上述类型的折扣公理化，无论是在有限的还是无限的范围内。
---
分类信息：

一级分类：Quantitative Finance 数量金融学
二级分类：Economics 经济学
分类描述：q-fin.EC is an alias for econ.GN. Economics, including micro and macro economics, international economics, theory of the firm, labor economics, and other economic topics outside finance
q-fin.ec是econ.gn的别名。经济学，包括微观和宏观经济学、国际经济学、企业理论、劳动经济学和其他金融以外的经济专题
--

---
PDF下载：
-->