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New paradoxes in intertemporal choice
Rao, Li-Lin2; Li, Shu1; Li, S (reprint author), Chinese Acad Sci, Inst Psychol, Key Lab Behav Sci, 4A Datun Rd, Beijing 100101, Peoples R China.
2011-02-01
发表期刊JUDGMENT AND DECISION MAKING
ISSN1930-2975
文章类型Article
卷号6期号:2页码:122-129
产权排序1
摘要Similar to research on risky choice, the traditional analysis of intertemporal choice takes the view that an individual behaves so as to maximize the discounted sum of all future utilities. The well-known Allais paradox contradicts the fundamental postulates of maximizing the expected value or utility of a risky option. We describe a violation of the law of diminishing marginal utility as well as an intertemporal version of the Allais paradox.
关键词intertemporal choice risky choice cancellation
学科领域Personality Psychology
收录类别SSCI
语种英语
WOS记录号WOS:000287801900001
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被引频次:10[WOS]   [WOS记录]     [WOS相关记录]
文献类型期刊论文
条目标识符http://ir.psych.ac.cn/handle/311026/12878
专题中国科学院行为科学重点实验室
通讯作者Li, S (reprint author), Chinese Acad Sci, Inst Psychol, Key Lab Behav Sci, 4A Datun Rd, Beijing 100101, Peoples R China.
作者单位1.Chinese Acad Sci, Inst Psychol, Key Lab Behav Sci, Beijing 100101, Peoples R China
2.Chinese Acad Sci, Grad Univ, Beijing 100101, Peoples R China
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Rao, Li-Lin,Li, Shu,Li, S . New paradoxes in intertemporal choice[J]. JUDGMENT AND DECISION MAKING,2011,6(2):122-129.
APA Rao, Li-Lin,Li, Shu,&Li, S .(2011).New paradoxes in intertemporal choice.JUDGMENT AND DECISION MAKING,6(2),122-129.
MLA Rao, Li-Lin,et al."New paradoxes in intertemporal choice".JUDGMENT AND DECISION MAKING 6.2(2011):122-129.
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