Behavioral Economics Discounting Self-Control and Social Preferences Lecture Notes Study Material 2025/ 2026

Behavioral Economics_
Behavioral
Discounting,
Economics_
Self-Control,
Behavioral
Discounting,
andEconomics_
Social
Self-Control,
Preferences
Discounting,
and–
Social
Lecture
Self-Control,
Preferences
Notes and
_ Study
–
Social
Lecture
Material.pdf
Preferences
Notes _ Study
– Lecture
Material.pdf
Notes _ Study Material.pdf




Behavioral
Economics:
Discounting,
Self-Control, and
Social Preferences
– Lecture Notes /
Study Material




Behavioral Economics_
Behavioral
Discounting,
Economics_
Self-Control,
Behavioral
Discounting,
andEconomics_
Social
Self-Control,
Preferences
Discounting,
and–
Social
Lecture
Self-Control,
Preferences
Notes and
_ Study
–
Social
Lecture
Material.pdf
Preferences
Notes _ Study
– Lecture
Material.pdf
Notes _ Study Material.pdf

, Behavioral Economics_ Discounting, Self-Control, and Social Preferences.pdf Behavioral Economics_ Discounting, Self-Control, and Social Preferences.pdf Behavioral Economics_ Discounting, Self-Control, and Social Preferences.pdf



Terms in this set (63)



Exponential discounting Model where future utility is discounted at a
constant rate δ; implies time-consistent preferences.


Discount factor (δ) Measures how much future utility is valued relative
to present utility.


Time consistency Preferences today and in the future are aligned (no
change in planned decisions).


Present bias Tendency to overweight immediate costs/benefits
relative to future ones.


Behavioral Economics_ Discounting, Self-Control, and Social Preferences.pdf Behavioral Economics_ Discounting, Self-Control, and Social Preferences.pdf Behavioral Economics_ Discounting, Self-Control, and Social Preferences.pdf