Time Consistency and Policy

Rules Rather than Discretion: The Inconsistency of Optimal Plans

Finn E. Kydland, Edward C. Prescott · Journal of Political Economy · 1977 · 7.9K citations

Social Sciences, Economics, Public Policy +15

On the Determination of the Public Debt

Robert J. Barro · Journal of Political Economy · 1979 · 3.2K citations · Full text

Social Sciences, Economics, Public Finance +17

A Contribution to the Theory of Taxation

Frank Plumpton Ramsey · The Economic Journal · 1927 · 2.9K citations

Public Affairs, Economics, Public Finance +9

Myopia and Inconsistency in Dynamic Utility Maximization

Robert H. Strotz · The Review of Economic Studies · 1955 · 2.9K citations

Social Sciences, Economics, Decision Theory +16

The Folk Theorem in Repeated Games with Discounting or with Incomplete Information

Drew Fudenberg, Eric Maskin · Econometrica · 1986 · 2.4K citations

Social Sciences, Economics, Behavioral Economics +15