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

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13 Aug 09

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

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