Bolton et al., 2009 - Google Patents
Thinking ahead: the decision problemBolton et al., 2009
View PDF- Document ID
- 6397776059367110405
- Author
- Bolton P
- Faure-Grimaud A
- Publication year
- Publication venue
- The Review of Economic Studies
External Links
Snippet
We propose a model of costly decision making based on time-costs of deliberating current and future decisions. We model an individual decision-maker's thinking process as a thought-experiment that takes time, and lets the decision maker 'think ahead'about future …
- 238000000034 method 0 abstract description 7
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