A Mathematical Theory of Saving.¶
Ramsey, F. P. (1928). A Mathematical Theory of Saving. Economic Journal, 38(152), 543-559.
Cited by¶
2 citations across 2 artifacts.
Each citation links to the sentence it supports in the citing article.
Primes¶
- Time Preference (Discounting Future)
- and subsequent literature on whether decision-makers correctly anticipate their own future time-inconsistent behavior); and aggregate or social time preference (what discount rate should be used for collective long-horizon decisions — the
This sourceOptimal-savings rule; foundational for Ramsey-Cass-Koopmans growth. Koopmans, Tjalling C. "Stationary Ordinal Utility and Impatience." Econometrica, vol. 28, no. 2 (1960): 287–309. Axiomatic foundation for stationary discounting.
- and subsequent literature on whether decision-makers correctly anticipate their own future time-inconsistent behavior); and aggregate or social time preference (what discount rate should be used for collective long-horizon decisions — the
- Time Value of Money
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