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Discount function

In economics, a discount function is used in economic models to describe the weights placed on rewards received at different points in time. For example, if time is discrete and utility is time-separable, with the discount function f(t) having a negative first derivative and with ct (or c(t) in continuous time) defined as consumption at time t, total…

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Discount function

Nodes12
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Avg. degree1.83
Density0.166667
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time discounting discount function used utility economic economics weights consumption continuous-time models describe placed rewards received different points example discrete

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