期刊文献+

跨期选择中的偏好反转:概率贴现的新视角

Preference Reversal in Intertemporal Choice: A New Perspective of Probabilistic Discount
原文传递
导出
摘要 传统研究认为结果贴现的动态非一致性导致了跨期选择中出现偏好反转,但该观点忽略了事件的概率属性。为此,界定并分析了跨期选择中的偏好反转现象,基于"概率-时间权衡"模型在结果贴现之外引入概率贴现的新视角,系统地分析了偏好反转的原因并给出仿真分析。研究表明,动态非一致的概率贴现能够并行地解释跨期选择中的偏好反转。该结论挑战了现有的贴现理论模型,为跨期选择研究提供了更全面的分析框架。 It is assumed that dynamic inconsistence of outcome discount is the cause of preference reversal in intertemporal choice. However, this perspective ignores the probability attribute. To address this problem, this paper redefines preference reversal in intertemporal choice and systematically analyzes potential causes of preference reversal by introducing a new perspective of probabilistic discount based on the model of "probability-time tradeoff". Our result shows that dynamical inconsistent probabilistic discount could explain the preference reversal in parallel, which challenges current temporal discount models and provides a more complete analytical framework for intertemporal choice study.
出处 《系统工程》 CSSCI CSCD 北大核心 2014年第1期65-69,共5页 Systems Engineering
基金 国家自然科学基金青年项目(71101035) 广西区高校人文社科研究重点项目(SK13ZD021) 教育部创新团队项目(IRT0916) 湖南省自然科学基金创新群体项目(09JJ7002) 桂林理工大学科研启动费资助项目
关键词 跨期选择 偏好反转 概率贴现 概率-时间权衡 双曲线贴现 Intertemporal Choice Preference Reversal Probabilistic Discounting Probability-time Tradeoff Hyperholic Discount
  • 相关文献

参考文献25

  • 1Frederick S, et al. Time discounting and time preference. A critical review [J ]. Journal of Economic Literature, 2002,40: 351- 401.
  • 2Richard T. Some empirical evidence on dynamic inconsistency [J]. Economics Letters, 1981,8 : 201-207.
  • 3Benzion U, Amnon R, Joseph Y. Discount rates inferred from decisions: An experimental study[J]. Management Science, 1989,35: 270- 284.
  • 4George L, Prelec D. Anomalies in intertemporal choice:Evidence and an interpretation[J]. Quarterly Journal of Economics, 1992,107 : 573- 597.
  • 5Mazur James E. Hyperbolic value addition and general models of animal choice [J]. Psychological Review, 2001,108 : 96- 112.
  • 6Read D, Read N L. Time discounting over the lifespan [J]. Organizational Behavior and Human Decision Processes, 2004,94 : 22 - 32.
  • 7Keren G, Roelofsma P. Immediacy and certainty in intertemporal choice [J ]. Organizational Behavior and Human Decision Processes, 1995,63 : 287- 297.
  • 8Phelps E S, Pollak R A. On second-best national saving and game-equilibrium growth [J]. Review of Economic Studies, 1968,35 : 185- 199.
  • 9Laibson D. Golden eggs and hyperbolic discounting . Quarterly Journal of Economics, 1997,112:443 -477.
  • 10Raehlin H. Notes on discounting [J]. Journal of the Experimental Analysis of Behavior, 2006,85 : 425- 435.

二级参考文献34

  • 1Raiffa, H. Decision Analysis: Introductory Lectures on Choices under Uncertainty[M]. Random House, New York, 1968.
  • 2Manel Baucells& Franz H. Heukamp. Probability and Time Tradeoff[Z]. SSRN working paper, http://ssrn. com/abstract= 970570, 2008.
  • 3Von Neumann J., Morgenstern O. The Theory of Games and Economics Behavior [M]. Princeton, New Jersey: Princeton University Press, 1994.
  • 4Koopmans, Tjalling C. Stationary Ordinal Utility and Impatience[J]. Econometrica, 1960, 28: 287-309.
  • 5Rotter, J. B. Social learning and clinical psychology [M]. Prentice Hall, New Jersey, 1954.
  • 6Mischel, W. , and J. Grusec. Waiting for rewards and punishments: Effects of time and probability in choice[J]. Journal of Personality and Social Psychology, 1967, 5: 24--31.
  • 7Rachlin, H. , and E. Siegel. Temporal Patterning In Probabilistie Choice[J]. Organizational Behavior And Human Decision Processes, 1994, 59(2):161--176.
  • 8Stevenson, M. K. The Impact of Temporal Context and Risk on the Judged Value of Future Outcomes[J]. Organizational Behavior and Human Decision Processes, 1992, 52:455.
  • 9Ahlbrecht, Martin, and Martin Weber. An Empirical Study on Intertemporal Decision Making Under Risk [J]. Management Science, 1997, 43(6): 813.
  • 10Halevy, Y. Strotz meets Allais.. Diminishing impatience and the certainty effect[J]. American Economic Review, 2008, 3(98): 1145--1162.

共引文献4

相关作者

内容加载中请稍等...

相关机构

内容加载中请稍等...

相关主题

内容加载中请稍等...

浏览历史

内容加载中请稍等...
;
使用帮助 返回顶部