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Dynamic programming with recursive preferences

Ren, Guanlong

Description

There is now a considerable amount of research on the deficiencies of additively separable preferences for effective modelling of economically meaningful behaviour. Through analysis of observational data and the design of suitable experiments, economists have constructed progressively more realistic representations of agents and their choices. For intertemporal decisions, this typically involves a departure from the additively separable benchmark. A familiar example is the recursive preference...[Show more]

CollectionsOpen Access Theses
Date published: 2019
Type: Thesis (PhD)
URI: http://hdl.handle.net/1885/164125
DOI: 10.25911/5d5147fc228a4

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