(redirected from Discounted utility)
Also found in: Wikipedia.
Category filter:
DUDuke University
DUDelhi University
DUDubrovnik, Croatia (license plate)
DUDoctor of the University
DUUniversity of Denver
DUDhaka University
DUDucks Unlimited
DUDrexel University
DUDictionary of the Underworld
DUDiplôme d'Université (French: University Diploma)
DUDemocratic Underground (website)
DUUniversity of Dhaka (Bangladesh)
DUDisplay Unit
DUDenver University
DUDual Use (Army National Guard)
DUDuquesne University (Pittsburgh, PA, USA)
DUDetailed Understanding
DUDepleted Uranium
DUDeyrnas Unedig (Welsh: United Kingdom)
DUDevelopment Unit
DUDwelling Unit (building)
DUDrake University (Des Moines, Iowa)
DUDuodenal Ulcer
DUDisk Usage
DUDominican University
DUDrew University
DUDelta Upsilon (fraternity)
DUDisk Utility
DUDenison University
DUDavenport University
DUData Unit
DUDistribution Unit
DUDocumento Unico
DUDillard University (New Orleans, LA)
DUDrury University
DUDelivery Unit
DUDog Unit
DUDanske Universiteter (Copenhagen, Denmark)
DUDobson Units
DUDigital University
DUDigital Unit
DUDesktop Underwriter (loans and mortgages tool)
DUDaily Universe (college newspaper at BYU)
DUDiscounted Utility
DUDisk Used
DUDobson Unit(s)
DUDiesel United Ltd. (Japan)
DUDecision Unit
DUWidespread Dust (METAR obscuration)
DUDocumentation Unit
DUDaugavpils Universitate (Latvia)
DUDangerous, Undetected Failure
DUDistance Uniform (signal or signal set)
DUDiagnosis Undetermined
DUDuplicator Unit
DUDerivative with respect to the variable U
DUDiscardable Unit (logistic analyses)
DUDependable Undertaking
Copyright 1988-2018 AcronymFinder.com, All rights reserved.
References in periodicals archive ?
Regarding the welfare effect, relative to the pre-policy equilibrium, the percentage change in the discounted utility summed over time during the policy period remains negative after 35 years.
Table 5 reports the percentage changes in discounted utility summed over time with versus without the policy, while varying the three health parameters individually.
Findings from behavioral economic studies suggest that the discount rate for values in a future period is not an exponential function of delay, as the standard discounted utility model implies, but is better described as a hyperbolic function, in which the rate of discounting decreases with the passage of time (Ainslie, 1992, 2001; Chong & Herrnstein, 1967).
The hyperbolic discounted utility model has generated numerous empirical predictions that distinguish this model from the standard discounted utility model (see Goldin, 2007).
At times we will refer to the doctor's (expected) discounted utility as the doctor's payoff or value.
This is equal to the subjective expectation of the instantaneous utility given by Equation (1), plus the expected discounted utility for the next patients.
As the life-cycle process involves decisions of consumption and saving, the discounted utility model introduced by Samuelson (1937) and cited in Ho, Lim, and Camerer (2006) can be used to study intertemporal choices.
Several interesting alternatives to the discounted utility analysis have been proposed.
They show how a linear-quadratic policy problem can be derived which yields a correct linear approximation to the optimal policy rules from the point of view of the maximization of expected discounted utility in a dynamic stochastic general-equilibrium model, building on their work for the case of optimal monetary policy when lump-sum taxes are available.
After a brief review of the related literature, "Bounds on Hyperbolic Discounting" shows that violating the complete markets assumption of the discounted utility model can reconcile the empirical evidence.
Over a much shorter period of time, evidence has accumulated revealing systematic violations of the standard model of choice over time, the Discounted Utility model.
A finite-lived agent chooses a path of consumption of a harmful and addictive good to maximize present discounted utility. The consumer chooses his consumption rate to account for the future health consequence of smoking and the withdrawal costs of quitting.