Intensified distortion: investment decisions with endogenous contracts and time inconsistency

Previous studies on investment decisions with endogenous contracts typically adopt differences among discount rates to describe decision makers’ impatience. Yet evidences from behavioral economics and neuroeconomics suggest that decision makers are impatient with short-term choices, but patient with...

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Main Authors: Li, Yanzhao, Guo, Ju-e, Li, Yongwu, Zhang, Jinggong
其他作者: Nanyang Business School
格式: Article
語言:English
出版: 2024
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在線閱讀:https://hdl.handle.net/10356/178951
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