Skip to main content
Book Chapter

Myopia and Inconsistency in Dynamic Utility Maximization

  • Strotz R
Macmillan Education UK, (1973), 128-143
DOI: 10.1007/978-1-349-15492-0_10
N/ACitations
Citations of this article
4Readers
Mendeley users who have this article in their library.
Get full text

Abstract

This paper presents a problem which I believe has not heretofore been analysed2 and provides a theory to explain, under different circumstances, three related phenomena: (1) spendthriftiness; (2) the deliberate regimenting of one’s future economic...

Cite

CITATION STYLE

APA

Strotz, R. H. (1973). Myopia and Inconsistency in Dynamic Utility Maximization. In Readings in Welfare Economics (pp. 128–143). Macmillan Education UK. https://doi.org/10.1007/978-1-349-15492-0_10

Register to see more suggestions

Mendeley helps you to discover research relevant for your work.

Already have an account?

Save time finding and organizing research with Mendeley

Sign up for free