Models of Temporal Discounting 1937–2000: An Interdisciplinary Exchange between Economics and Psychology

@article{GrneYanoff2015ModelsOT,
  title={Models of Temporal Discounting 1937–2000: An Interdisciplinary Exchange between Economics and Psychology},
  author={Till Gr{\"u}ne-Yanoff},
  journal={Science in Context},
  year={2015},
  volume={28},
  pages={675 - 713}
}
Argument Today's models of temporal discounting are the result of multiple interdisciplinary exchanges between psychology and economics. Although these exchanges did not result in an integrated discipline, they had important effects on all disciplines involved. The paper describes these exchanges from the 1930s onwards, focusing on two episodes in particular: an attempted synthesis by psychiatrist George Ainslie and others in the 1970s; and the attempted application of this new discounting… Expand

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