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wp201417.pdf
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We investigate necessary and sufficient nonparametric conditions for the quasi-hyperbolic consumer. These turn out to be quite tractable. We investigate the performance of this model compared to the standard exponential discounting model using consumer panel data.
Authors
![Person graphic](/sites/default/files/styles/square_desktop/public/2022-06/IFS-person-graphic.png?itok=hWCtTSrz)
Laura Blow
![Martin Browning](/sites/default/files/styles/square_desktop/public/2022-07/Martin%20Browning.jpg?itok=15ISWZWp)
Research Associate University of Copenhagen
Martin is an IFS Research Associate, a Nuffield Senior Research Fellow and a Professor of Economics at the University of Oxford.
![Person graphic](/sites/default/files/styles/square_desktop/public/2022-06/IFS-person-graphic.png?itok=hWCtTSrz)
Ian Crawford
Working Paper details
- DOI
- 10.1920/wp.ifs.2014.1417
- Publisher
- Institute for Fiscal Studies
Suggested citation
L, Blow and M, Browning and I, Crawford. (2014). Never mind the hyperbolics: nonparametric analysis of time-inconsistent preferences. London: Institute for Fiscal Studies. Available at: https://ifs.org.uk/publications/never-mind-hyperbolics-nonparametric-analysis-time-inconsistent-preferences (accessed: 30 June 2024).
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