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CLASS:PUBLIC
SUMMARY:Memory and Discounting
DTSTART;TZID=Europe/Berlin:20170426T160000
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DTSTAMP:20170426T160000Z
LOCATION;ENCODING=QUOTED-PRINTABLE:Campus Campus Duisburg : SG 183
CONTACT:Mr Shuanping Dai (Institute of East Asian Studies IN-EAST)
DESCRIPTION:Mr Shuanping Dai (Institute of East Asian Studies IN-EAST)
Memory and Discounting
Guest Lecture by Xiaohua Yu
Heterogeneous memory capacity has been neglected in economics literature, though it may have profound economic implications. Adopting the concept of “memory utility” proposed by Gilboa, Postlewaite and Samuelson (2015), we explore the relationship between memory capacity and individual discounting behavior by building a simple two-period model and comparing its predictions with experimental data. Both theoretical and experimental evidences confirm that memory capacity and discounting rates are positively correlated.

Prof. Xiaohua Yu, PhD, Chair of Agricultural Economics in Developing and Transition Countries, Research Center 'Poverty, Equity and Growth' of the Georg August University of Göttingen
Wednesday, 26. April 2017
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