% WARNING: This file may contain UTF-8 (unicode) characters. % While non-8-bit characters are officially unsupported in BibTeX, you % can use them with the biber backend of biblatex % usepackage[backend=biber]{biblatex} @techreport{NBERw10597, title = "Exotic Preferences for Macroeconomists", author = "Backus, David and Routledge, Bryan and Zin, Stanley", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "10597", year = "2004", month = "June", doi = {10.3386/w10597}, URL = "http://www.nber.org/papers/w10597", abstract = {We provide a user's guide to exotic' preferences: nonlinear time aggregators, departures from expected utility, preferences over time with known and unknown probabilities, risk-sensitive and robust control, hyperbolic' discounting, and preferences over sets ( temptations'). We apply each to a number of classic problems in macroeconomics and finance, including consumption and saving, portfolio choice, asset pricing, and Pareto optimal allocations.}, }