Journal ArticleDOI
A Note on Measurement of Utility
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This article is published in The Review of Economic Studies.The article was published on 1937-02-01. It has received 1938 citations till now. The article focuses on the topics: Discounted utility & Exponential discounting.read more
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Time Discounting and Time Preference: A Critical Review
TL;DR: In this paper, the authors discuss the discounted utility (DU) model, its historical development, underlying assumptions, and "anomalies" -the empirical regularities that are inconsistent with its theoretical predictions.
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Handbook of Emotions
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Journal ArticleDOI
Specious reward: a behavioral theory of impulsiveness and impulse control.
TL;DR: This work has shown that impulsiveness seems to be best accounted for by the hyberbolic curves that have been found to describe the decline in effectiveness of rewards as the rewards are delayed from the time of choice.
Handbook of Economic Sociology
Neil J. Smelser,Richard Swedberg +1 more
TL;DR: The Handbook of Economic Sociology as discussed by the authors is a collection of sociologists, economists, and political scientists from the field of economic sociology with a focus on how economic institutions work and how they are influenced by values and norms.
Journal ArticleDOI
The theory of decision making.
TL;DR: This literature review of decision making (how people make choices among desirable alternatives), culled from the disciplines of psychology, economics, and mathematics, covers the theory of riskless choices, the application of the theory to welfare economics,The theory of risky choices, transitivity of choices, and the theories of games and statistical decision functions.