Contributions to the Economics of Time Preference
This dissertation addresses four hypotheses in regards to future valuation by individuals. These include a hypothesis that the provision of public goods in the far future, a period in excess of an individual's lifetime and the lifetimes of his/her immediate descendants, is a likely component of utility functions. The second hypothesis is that the importance of distant future public goods provision is unaffected by contemporary consumption levels. The third hypothesis suggests that individuals discount the far future differently than they discount future events in the near future. The final ...
(For more, see "View full record.")