A Criticism of Doyle’s survey of time preference: A correction regarding the CRDI and CADI families
Journal Title: Judgment and Decision Making - Year 2013, Vol 8, Issue 5
Abstract
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.
Authors and Affiliations
Han Bleichrodt, Rogier J. D. Potter van Loon, Kirsten I. M. Rohde and Peter P. Wakker
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