TEL  Vol.4 No.6 , June 2014
A Probabilistic Theory for Intertemporal Indifference
ABSTRACT

This paper provides a closed form distribution for the probability of intertemporal indifference between a certain quantity of a commodity now, Q(0) = q0 , and some future quantity Q(T) = q at time t = T assuming a discount weight, w(T) (0,1).


Cite this paper
Parouty, M. and Postma, M. (2014) A Probabilistic Theory for Intertemporal Indifference. Theoretical Economics Letters, 4, 415-424. doi: 10.4236/tel.2014.46053.
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