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Data and Code for: Correcting the Error in Gamma Discounting
Principal Investigator(s): View help for Principal Investigator(s) Szabolcs Szekeres, Independent researcher
Version: View help for Version V1
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application/vnd.openxmlformats-officedocument.spreadsheetml.sheet | 115.1 KB | 05/22/2020 02:49:AM |
Project Citation:
Szekeres, Szabolcs. Data and Code for: Correcting the Error in Gamma Discounting. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2020-05-22. https://doi.org/10.3886/E119568V1
Project Description
Summary:
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In “Gamma Discounting” Martin L. Weitzman concludes that certainty
equivalent discount rates should decline significantly over time. He draws this
conclusion from fitting a Gamma distribution to the responses of 2,160
economists asked to give a discount rate estimate and calculating effective
discount rates from it.
The paper to which this dataset pertains replicates Weitzman's calculations on the basis of the data of the above mentoned survey, and repeats the calcualtions with more appropiate methods.
Scope of Project
Subject Terms:
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Discounting
Data Type(s):
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experimental data
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