Philosophy Dictionary of ArgumentsHome
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| Time preference: Time preference refers to the tendency of individuals to value present gratification over future gains. This attitude influences decision-making in the economy._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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Amartya Sen on Time Preference - Dictionary of Arguments
Rawls I 294 Time Preference/Generational Justice/Sen/Rawls: there is no reason for the parties to place particular emphasis on pure positioning over time. They must choose a savings rate for each stage of civilization. However, if they want to make a distinction between different sections of the future, for example, because decisions in the distant future are less important now, there is no reason to prefer the present to the future or vice versa. The situation is symmetrical and one choice is as arbitrary as the other.(1) >Generational justice, >Savings, >Preferences. 1. A. Sen, "On Optimizing the Rate of Savings", Economic Journal, 71, (1960) p. 482._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
EconSen I Amartya Sen Collective Choice and Social Welfare: Expanded Edition London 2017 Rawl I J. Rawls A Theory of Justice: Original Edition Oxford 2005 |
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Ed. Martin Schulz, access date 2024-04-28