## Abstract The time path of consumption from a rational addiction (RA) model contains information about an individual's tendency to be forward looking. In this paper, we use quantile regression (QR) techniques to investigate whether the tendency to be forward looking varies systematically with the
History-dependence in a rational addiction model
β Scribed by C. Gavrila; G. Feichtinger; G. Tragler; R.F. Hartl; P.M. Kort
- Publisher
- Elsevier Science
- Year
- 2005
- Tongue
- English
- Weight
- 366 KB
- Volume
- 49
- Category
- Article
- ISSN
- 0165-4896
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