Concepedia

Discounted Utility Model

The Discounted Utility Model is a theoretical framework in intertemporal choice that belongs to the class of utility models and is distinguished by its assumption that individuals evaluate sequences of outcomes by summing the utilities of each outcome multiplied by a discount factor that declines exponentially with time.

820

Publications

70.1K

Citations

1.5K

Authors

737

Institutions

Publications per year

2017–2026

117

Variants

Discounted Utility Theory

Parents

Publications

820

The Endogenous Determination of Time Preference

Gary S. Becker, Casey B. Mulligan · The Quarterly Journal of Economics · 1997 · 1.4K citations

, , +16

SUBJECTIVE PROBABILITY AND DELAY

Howard Rachlin, Andrés Raineri, David V. Cross · Journal of the Experimental Analysis of Behavior · 1991 · 1.3K citations · Full text

, , +16

Anticipation and the Valuation of Delayed Consumption

George Loewenstein · The Economic Journal · 1987 · 1.3K citations

, , +17

WITHIN‐SUBJECT COMPARISON OF REAL AND HYPOTHETICAL MONEY REWARDS IN DELAY DISCOUNTING

Matthew W. Johnson, Warren K. Bickel · Journal of the Experimental Analysis of Behavior · 2002 · 1K citations · Full text

, , +9

A Dual-Self Model of Impulse Control

Drew Fudenberg, David K. Levine · American Economic Review · 2006 · 950 citations · Full text

, , +14

1–5 of 820

Authors

1.5K

  1. JM
    Joel Myerson

    Washington University in St. Louis, United States

    25 publications · 5.8K citations

    24

    h-index

  2. LG
    Leonard Green

    Washington University in St. Louis, United States

    25 publications · 5.8K citations

    24

    h-index

  3. WK
    Warren K. Bickel

    Virginia Tech, United States

    15 publications · 2.1K citations

    14

    h-index

  4. TT
    Taiki Takahashi

    Hokkaido University, Japan

    12 publications · 679 citations

    12

    h-index

  5. CG
    Christian Gollier

    Toulouse School of Economics, France

    10 publications · 656 citations

    10

    h-index

1–5 of 1.5K

Institutions

737

  1. Washington University in St. Louis

    St Louis, United States

    24 h-index

    54 publications

    10.7K citations

  2. University of Chicago

    Chicago, United States

    21 h-index

    35 publications

    12K citations

  3. London School of Economics and Political Science

    London, United Kingdom

    15 h-index

    24 publications

    1.7K citations

  4. Duke University

    Durham, United States

    15 h-index

    25 publications

    2.2K citations

  5. Stanford University

    Stanford, United States

    14 h-index

    21 publications

    2.3K citations

  6. Erasmus University Rotterdam

    Rotterdam, The Netherlands

    14 h-index

    29 publications

    1.8K citations

  7. National Bureau of Economic Research

    Cambridge, United States

    13 h-index

    22 publications

    1.3K citations

  8. Centre National de la Recherche Scientifique

    Paris, France

    13 h-index

    21 publications

    1.1K citations

1–8 of 737

Venues

  1. Behavioural Processes

    39 publications · 4.4K citations

    27

    h-index

  2. SSRN Electronic Journal

    Repository · 52 publications · 1.8K citations

    23

    h-index

  3. Journal of Economic Theory

    JET · 22 publications · 1.4K citations

    19

    h-index

  4. Journal of the Experimental Analysis of Behavior

    19 publications · 6.8K citations

    18

    h-index

  5. The Psychological Record

    20 publications · 1.4K citations

    16

    h-index

1–5