Some Common Confusions About Hyperbolic Discounting

11 Pages Posted: 8 Feb 2008

See all articles by Eric Bennett Rasmusen

Eric Bennett Rasmusen

Indiana University - Kelley School of Business - Department of Business Economics & Public Policy

Date Written: February 8, 2008

Abstract

There is a lot of confusion over what "hyperbolic discounting" means. I try to clear up that confusion.

Keywords: Time inconsistency, hyperbolic discounting

JEL Classification: D91, E21

Suggested Citation

Rasmusen, Eric Bennett, Some Common Confusions About Hyperbolic Discounting (February 8, 2008). Available at SSRN: https://ssrn.com/abstract=1091392 or http://dx.doi.org/10.2139/ssrn.1091392

Eric Bennett Rasmusen (Contact Author)

Indiana University - Kelley School of Business - Department of Business Economics & Public Policy ( email )

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