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Endogenous time preferences in social networks

Marianna A. Klochko · 2005

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About the book

"Marianna Klochko and Peter Ordeshook address an under-studied issue from rational choice theory - the common assumption that individual time preferences are exogenous and fixed. They then present empirical evidence to suggest that this is not the case, exploring a computer simulation model that allows for the evolutionary change of time preferences. This is done, moreover, in the context of social networks that are themselves endogenously determined."--Jacket.

Book details

Year
2005
Language
English
Publisher
Elgar Publishing Limited, Edward
Editions
1
ISBN
9781781958001

Data source: Wikidata