Exotic preferences for macroeconomists
By: David Backus, Bryan Routledge, Stanley Zin.
Contributors: Routledge, Bryan R. 1965-; National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 10597; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 10597.
Publisher: National Bureau of Economic Research
Published: 2004
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "We provide a user's guide to exotic' preferences: nonlinear time aggregators, departures from expected utility, preferences over time with known and unknown probabilities, risk-sensitive and robust control, hyperbolic' discounting, and preferences over sets ( temptations').  We apply each to a number of classic problems in macroeconomics and finance, including consumption and saving, portfolio choice, asset pricing, and Pareto optimal allocations"--National Bureau of Economic Research web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 1/28/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.