Intertemporal consumption with anticipating, remembering, and experiencing selves.
This seminar will take place on Zoom
We posit that intertemporal consumption is the outcome of a bargaining process between an anticipating, a remembering, and an experiencing self. The anticipating self values the idea of future consumption while the remembering self values the idea of past consumption. The proposed model is psychologically appealing but at the same time straightforward to implement. We investigate its nonparametric testable implications on the basis of Spanish consumption data.
Date:
26 May 2020, 12:45 (Tuesday, 5th week, Trinity 2020)
Venue:
Venue to be announced
Speaker:
Tom Potoms (University of Sussex)
Organising department:
Department of Economics
Part of:
Applied Microeconomics Seminar
Booking required?:
Not required
Audience:
Members of the University only
Editor:
Melis Clark
