Hyperbolic Discounting is Rational: Valuing the Far Future with Uncertain Discount Rates

Hyperbolic Discounting is Rational: Valuing the Far Future with Uncertain Discount Rates.


Type: journal

Farmer, J. Doyne, and John Geanakoplos. 'Hyperbolic Discounting is Rational: Valuing the Far Future with Uncertain Discount Rates.' http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1448811


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