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  1. www.investopedia.com › terms › iWhat Is Intertemporal Choice for Business and Individuals?

    Mar 1, 2021 · Intertemporal Choice: An economic term describing how an individual's current decisions affect what options become available in the future. Theoretically, by not consuming today, consumption ...

    • Daniel Liberto

  2. scholar.harvard.edu › files › laibsonIntertemporal Choice - Scholars at Harvard

    One of the key anomalies of the intertemporal choice literature is the concept of preference reversals. Indeed, in our view, the unifying theme of the (behavioral) intertemporal choice literature is the concept of preference-focused preferences (introduced in Section 2), which boils down to a preference reversal.

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  4. link.springer.com › chapter › 10Understanding the Intertemporal Choice: A Methodological ...

    Aug 17, 2021 · In literature, decisions that can affect multiple time periods are known as intertemporal choices. These decisions are crucial to many research and policy issues, and they embrace a ton of different branches, from medicine to education, including much fundamental and applied research in microeconomics and finance as well as public choice, social choice theory, and welfare economics.

    • Marco Lafratta
    • marco.lafratta@studenti.unich.it
    • 2020

  5. link.springer.com › content › pdfUnderstanding the Intertemporal Choice: A Methodological Review

    Keywords: Intertemporal decision-making · Present focused preferences · Time discounting resources · Commitment devices 1 Introduction In literature, decisions that can affect multiple time periods are known as intertemporal choices. These decisions are crucial to many research and policy

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  7. www.sciencedirect.com › intertemporal-choiceIntertemporal Choice - an overview | ScienceDirect Topics

    Gregory R. Samanez-Larkin, in Aging and Decision Making, 2015. Intertemporal Decision making. Intertemporal choices are decisions in everyday life that involve selecting between outcomes available at different times in the future. Making an intertemporal decision requires deciding whether the additional money offered at a later date is worth ...

  8. scholar.harvard.edu › intertemporal_choiceP000365 intertemporal choice - Scholars at Harvard

    Normative intertemporal choice models divide into two approaches. The first approach accepts discounting as a valid normative construct, using re-vealed preference as a guiding principle. The second approach asserts that discounting is a normative mistake (except for a minor adjustment for mor-tality discounting).

  9. scholar.harvard.edu › files › laibsonIntertemporal Decision Making - Scholars at Harvard

    Decision makers confront a wide range of critical choices that involve tradeo ffs between current and future rewards. For example, young workers save part of their paycheck to raise their quality of life in retirement. Habitual heroin users also make decisions with intertemporal consequences when they choose a short-term drug-

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