Anomalies in intertemporal choice¶
Loewenstein, G., & Prelec, D. (1992). Anomalies in intertemporal choice: Evidence and an interpretation. The Quarterly Journal of Economics, 107(2), 573-597.
Cited by¶
3 citations across 3 artifacts.
Each citation links to the sentence it supports in the citing article.
Primes¶
- Temporal Inconsistency and Preference Reversals
- Other mechanisms can produce the same temporal-inconsistency pattern: salience changes, attention shifts, emotional state variation, or the shift from abstract to concrete reasoning as the decision moment approaches, anomalies Loewenstein and Prelec (1992) catalogue in their generalized intertemporal-choice framework.
This sourceCatalogues mechanisms beyond hyperbolic discounting that produce preference reversal — including salience, framing, magnitude, and sign effects — establishing temporal inconsistency as a structural phenomenon with multiple generative mechanisms.
- Other mechanisms can produce the same temporal-inconsistency pattern: salience changes, attention shifts, emotional state variation, or the shift from abstract to concrete reasoning as the decision moment approaches, anomalies Loewenstein and Prelec (1992) catalogue in their generalized intertemporal-choice framework.
- Time Preference (Discounting Future)
- gains discounted more steeply than losses, Loewenstein-Prelec 1992
This sourceCatalogues mechanisms beyond hyperbolic discounting that produce preference reversal — including salience, framing, magnitude, and sign effects — establishing temporal inconsistency as a structural phenomenon with multiple generative mechanisms.
- gains discounted more steeply than losses, Loewenstein-Prelec 1992
- Time Value of Money
- Loewenstein and Prelec (1992)
This sourceCatalogues mechanisms beyond hyperbolic discounting that produce preference reversal — including salience, framing, magnitude, and sign effects — establishing temporal inconsistency as a structural phenomenon with multiple generative mechanisms.
- Loewenstein and Prelec (1992)
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