Utility Functions, Future Consumption Targets and Subsistence Thresholds
If the consumer’s risk aversion behavior varies intertemporally and if the risk aversion coefficient on future consumption becomes very large, the consumer tends to aim at a fixed future consumption target. A by-product is a reinterpretation of subsistence theories of consumption.
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2008
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sg-smu-ink.soe_research-21332019-04-21T15:23:34Z Utility Functions, Future Consumption Targets and Subsistence Thresholds GUHA, Ashok GUHA, Brishti If the consumer’s risk aversion behavior varies intertemporally and if the risk aversion coefficient on future consumption becomes very large, the consumer tends to aim at a fixed future consumption target. A by-product is a reinterpretation of subsistence theories of consumption. 2008-10-01T07:00:00Z text application/pdf https://ink.library.smu.edu.sg/soe_research/1134 https://ink.library.smu.edu.sg/context/soe_research/article/2133/viewcontent/Utilityfunctions.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection School Of Economics eng Institutional Knowledge at Singapore Management University Behavioral Economics Economic Theory |
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Singapore Management University |
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SMU Libraries |
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Asia |
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Singapore Singapore |
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SMU Libraries |
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InK@SMU |
| language |
English |
| topic |
Behavioral Economics Economic Theory |
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Behavioral Economics Economic Theory GUHA, Ashok GUHA, Brishti Utility Functions, Future Consumption Targets and Subsistence Thresholds |
| description |
If the consumer’s risk aversion behavior varies intertemporally and if the risk aversion coefficient on future consumption becomes very large, the consumer tends to aim at a fixed future consumption target. A by-product is a reinterpretation of subsistence theories of consumption. |
| format |
text |
| author |
GUHA, Ashok GUHA, Brishti |
| author_facet |
GUHA, Ashok GUHA, Brishti |
| author_sort |
GUHA, Ashok |
| title |
Utility Functions, Future Consumption Targets and Subsistence Thresholds |
| title_short |
Utility Functions, Future Consumption Targets and Subsistence Thresholds |
| title_full |
Utility Functions, Future Consumption Targets and Subsistence Thresholds |
| title_fullStr |
Utility Functions, Future Consumption Targets and Subsistence Thresholds |
| title_full_unstemmed |
Utility Functions, Future Consumption Targets and Subsistence Thresholds |
| title_sort |
utility functions, future consumption targets and subsistence thresholds |
| publisher |
Institutional Knowledge at Singapore Management University |
| publishDate |
2008 |
| url |
https://ink.library.smu.edu.sg/soe_research/1134 https://ink.library.smu.edu.sg/context/soe_research/article/2133/viewcontent/Utilityfunctions.pdf |
| _version_ |
1770569414458998784 |