Concepedia

Stochastic Discounting

Stochastic Discounting is a dynamic discounting framework in intertemporal choice theory that generalizes deterministic models by allowing time preferences to evolve stochastically over time, thereby capturing uncertainty in future discount rates and addressing time inconsistency under probabilistic belief updating.

317

Publications

23.5K

Citations

588

Authors

339

Institutions

Publications per year

2017–2026

47

Parents

Publications

317

Why the Far-Distant Future Should Be Discounted at Its Lowest Possible Rate

Martin L. Weitzman · Journal of Environmental Economics and Management · 1998 · 973 citations

, , +13

Delay-discounting probabilistic rewards: Rates decrease as amounts increase

Kris N. Kirby, Nino N. Maraković · Psychonomic Bulletin & Review · 1996 · 927 citations

, , +13

Anomalies: Intertemporal Choice

George Loewenstein, Richard H. Thaler · The Journal of Economic Perspectives · 1989 · 874 citations · Full text

, , +17

Optimal economic growth and uncertainty: The discounted case

William A. Brock, Leonard J. Mirman · Journal of Economic Theory · 1972 · 791 citations

, , +11

Rate of temporal discounting decreases with amount of reward

Leonard Green, Joel Myerson, Edward Mcfadden · Memory & Cognition · 1997 · 524 citations · Full text

, , +11

1–5 of 317

Authors

588

  1. LG
    Leonard Green

    Washington University in St. Louis, United States

    9 publications · 2.6K citations

    9

    h-index

  2. CG
    Christian Gollier

    Toulouse School of Economics, France

    9 publications · 900 citations

    9

    h-index

  3. JM
    Joel Myerson

    Washington University in St. Louis, United States

    8 publications · 2.5K citations

    8

    h-index

  4. BG
    Ben Groom

    London School of Economics and Political Science, United Kingdom

    6 publications · 531 citations

    6

    h-index

  5. AJ
    Anna Jaśkiewicz

    Wrocław University of Science and Technology, Poland

    6 publications · 113 citations

    6

    h-index

1–5 of 588

Institutions

339

  1. London School of Economics and Political Science

    London, United Kingdom

    9 h-index

    9 publications

    1.1K citations

  2. Washington University in St. Louis

    St Louis, United States

    9 h-index

    28 publications

    8.2K citations

  3. Harvard University

    Cambridge, United States

    8 h-index

    12 publications

    2K citations

  4. National Bureau of Economic Research

    Cambridge, United States

    8 h-index

    15 publications

    524 citations

  5. Princeton University

    Princeton, United States

    8 h-index

    18 publications

    1.5K citations

  6. Stanford University

    Stanford, United States

    8 h-index

    8 publications

    492 citations

  7. University of Chicago

    Chicago, United States

    7 h-index

    10 publications

    500 citations

  8. Columbia University

    New York, United States

    7 h-index

    7 publications

    354 citations

1–8 of 339

Venues

  1. Behavioural Processes

    16 publications · 1.4K citations

    14

    h-index

  2. SSRN Electronic Journal

    Repository · 15 publications · 453 citations

    12

    h-index

  3. Journal of Economic Theory

    JET · 10 publications · 1.3K citations

    10

    h-index

  4. The Psychological Record

    8 publications · 915 citations

    8

    h-index

  5. RePEc: Research Papers in Economics

    Repository · 7 publications · 267 citations

    7

    h-index

1–5