Time-consistent renewable resource management with present bias and regime shifts
Year of publication: |
2023
|
---|---|
Authors: | Arvaniti, Maria ; Krishnamurthy, Chandra Kiran B. ; Crépin, Anne-Sophie |
Published in: |
Journal of economic behavior & organization : JEBO. - Amsterdam [u.a.] : Elsevier, ISSN 0167-2681, ZDB-ID 864321-0. - Vol. 207.2023, p. 479-495
|
Subject: | Hyperbolic discounting | Markov equilibrium | Present bias | Regime shifts | Renewable resources | Uncertainty | Erneuerbare Ressourcen | Theorie | Theory | Markov-Kette | Markov chain | Zeitkonsistenz | Time consistency | Systematischer Fehler | Bias | Intertemporale Entscheidung | Intertemporal choice | Ressourcenökonomik | Resource economics | Diskontierung | Discounting |
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