演講者簡介 : Professor Takeoka received his Ph.D. in Economics from University of Rochester in 2006. He is currently a Professor at Hitotsubashi University. His research fields are Microeconomics, Decision Theory, Game Theory, and General Equilibrium.
演講摘要 : Time preference is modelled as a current self that overcomes selfishness by incurring a cognitive cost of empathizing with her future selves. Such a model unifies disparate well-known experimental findings. Behavioral foundations are provided by exploiting the idea that higher stakes provide an incentive for the exertion of higher effort, so that changes in the agent’s impatience with respect to the scale of outcomes pin down the underlying process. The behavioral content of limited cognitive resources is shown to lie in violations of Separability.
