%0 Journal Article
%T A Probabilistic Theory for Intertemporal  Indifference
%A Mehraj Bin Yasaar Parouty
%A Maarten Jacobus Postma
%J Theoretical Economics Letters
%P 415-424
%@ 2162-2086
%D 2014
%I Scientific Research Publishing
%R 10.4236/tel.2014.46053
%X <p>
	<span style=\"font-family:Verdana;line-height:2;\"><span style=\"line-height:2;\">This paper
provides a closed form distribution for the probability of intertemporal
indifference between a certain quantity of a commodity now, <em>Q</em>(0) = <em>q</em></span></span><span></span><span style=\"font-size:12px;line-height:2;\"><sup>0</sup></span><span style=\"font-size:12px;\"></span><span style=\"font-family:Verdana;\"><span> </span></span><span style=\"font-family:'} ';\"></span><span style=\"font-family:Verdana;line-height:2;\">, and some future quantity </span><span style=\"font-family:Verdana;\"><span style=\"line-height:2;\"><em>Q</em>(<em>T</em>) =<em> q</em> </span><span style=\"line-height:2;\">at time </span></span><i style=\"font-family:'} ';\"><span style=\"font-family:Verdana;line-height:2;\">t </span></i><span style=\"font-family:Verdana;line-height:2;\">= </span><i style=\"font-family:'} ';\"><span style=\"font-family:Verdana;line-height:2;\">T</span></i><span style=\"font-family:Verdana;line-height:2;\"> assuming a</span>&nbsp;<span style=\"font-size:12px;font-family:Verdana;line-height:2;\">discount</span><span style=\"font-size:12px;line-height:1.5;\"> </span><span style=\"font-size:12px;line-height:1.5;font-family:'} ';\"><span style=\"font-family:Verdana;line-height:2;\">w</span></span><span style=\"font-size:12px;line-height:1.5;font-family:'} ';\"><span style=\"font-family:Verdana;line-height:2;\">eight, <em>w</em>(<em>T</em>) </span></span><span style=\"font-size:12px;background-color:#FFFFFF;color:#333333;font-family:arial, 'courier new', courier, ËÎÌå, monospace;white-space:pre-wrap;line-height:2;\">¡Ê</span><span style=\"font-size:12px;color:#333333;white-space:pre-wrap;font-family:'} ';line-height:2;\"><span style=\"font-family:Verdana;line-height:2;\"> (0,1)</span></span><span style=\"font-size:12px;color:#333333;white-space:pre-wrap;font-family:Verdana;line-height:2;\">.</span>
</p>
%K Intertemporal Indifference
%K Commodity
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=46834