A criticism of Doyle's survey of time preference: A correction regarding the CRDI and CADI families

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Abstract

Doyle's (2013) theoretical survey of discount functions criticizes two parametric families abbreviated as CRDI and CADI families. We show that Doyle's criticisms are based on a mathematical mistake and are incorrect. © 2013. The authors license this article under the terms of the Creative Commons Attribution 3.0 License.

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Bleichrodt, H., Potter van Loon, R. J. D., Rohde, K. I. M., & Wakker, P. P. (2013). A criticism of Doyle’s survey of time preference: A correction regarding the CRDI and CADI families. Judgment and Decision Making, 8(5), 630–631. https://doi.org/10.1017/s1930297500003715

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