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Intertemporal choice

In economics, intertemporal choice is the study of the relative value people assign to two or more payoffs at different points in time. This relationship is usually simplified to today and some future date. Intertemporal choice was introduced by Canadian economist John Rae in 1834 in the "Sociological Theory of Capital". Later, Eugen von Böhm-Bawerk in…

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EconomicsValueJohn RaeEugen von Böhm-BawerkIrving Fisher
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Intertemporal choice

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Avg. degree1.78
Density0.222222
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Intertemporal choice

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Intertemporal choice → study of the relative value people assign to two or more payoffs at different points in time

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future intertemporal choice model fisher consumption present time today theory economics value income utility making decision interest rate study relative

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Intertemporal choiceis astudy of the relative value people assign to two or more payoffs at different points in time0.90text

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