Browsing CLTS Working papers (HH) by Subject "Mental ability"
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Explaining anomalies in intertemporal choice : a mental zooming theory
(CLTS Working paper;2014:2, Working paper, 2014)I present a theory that can explain hyperbolic discounting and magnitude effects in intertemporal choice. This approach builds on theories of narrow framing and reference dependence and expands these theories in a novel ...