Railroad discounting

Larry Karp

Economics Letters, 2015, vol. 126, issue C, 87-90

Abstract: Spatial perspective implies a hyperbolic spatial discount rate. To the extent that discounting with respect to space and to time are analogous, this result provides further evidence that hyperbolic discounting is a good description of how we view the world.

Keywords: Discounting; Time perspective; Hyperbolic discounting (search for similar items in EconPapers)
JEL-codes: D90 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:126:y:2015:i:c:p:87-90

DOI: 10.1016/j.econlet.2014.11.017

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