过滤 发表于 2025-3-23 12:10:47
Recursive Utility Modelsthat review is that in a number of choice situations the simple discounted utility model is a poor reflection of an agent’s actual behaviour. In order to capture choice behaviour more accurately one must look for less restrictive utility models.使闭塞 发表于 2025-3-23 17:39:48
Universal Utility Modelsodels. In contrast to the frameworks discussed there, in this chapter we consider only those models, which abstain from presupposing any form of instantaneous utility. The intertemporal utility function employed in universal models is defined as ..导师 发表于 2025-3-23 20:26:25
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