A Criticism of Doyle's survey of time preference: A correction regarding the CRDI and CADI families

Doyle's (2013) theoretical survey of discount functions criticizes two parametric families abbreviated as CRDI and CADI families. We show that Doyle's criticisms are based on a mathematical mistake and are incorrect.

Bibliographic Details
Main Authors: Han Bleichrodt, Rogier J. D. Potter van Loon, Kirsten I. M. Rohde, Peter P. Wakker
Format: Article
Language:English
Published: Society for Judgment and Decision Making 2013-09-01
Series:Judgment and Decision Making
Subjects:
Online Access:http://journal.sjdm.org/13/13723/jdm13723.pdf