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Technology and Time Inconsistency

Technology and Time Inconsistency

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_crossref_primary_10_1086_707024

Technology and Time Inconsistency

About this item

Full title

Technology and Time Inconsistency

Author / Creator

Publisher

Chicago: The University of Chicago Press

Journal title

The Journal of political economy, 2020-07, Vol.128 (7), p.2653-2689

Language

English

Formats

Publication information

Publisher

Chicago: The University of Chicago Press

More information

Scope and Contents

Contents

Policy makers have time-inconsistent preferences if they fear losing power or are endowed with hyperbolic discount factors. Politicians may thus seek to influence future policy choices, for example, by investing in green technologies that motivate later politicians to act sustainably. I show that optimal investment subsidies are larger for technolo...

Alternative Titles

Full title

Technology and Time Inconsistency

Authors, Artists and Contributors

Author / Creator

Identifiers

Primary Identifiers

Record Identifier

TN_cdi_crossref_primary_10_1086_707024

Permalink

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_crossref_primary_10_1086_707024

Other Identifiers

ISSN

0022-3808

E-ISSN

1537-534X

DOI

10.1086/707024

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