Tom Holmes

Can We Really Observe Hyperbolic Discounting? ∗ (2007)

Jesús Fernández-villaverde, Arijit Mukherji, Juan Carlos Conesa, John Dickhaut, Carlos Garriga, Tom Holmes, ...

This paper proposes a new, more robust, experiment to test for the presence of hyperbolic discounting. Recently, a growing literature has studied intertemporal choice when individuals discount the...

Can We Really Observe Hyperbolic Discounting? ∗ (2006)

Jesús Fernández-villaverde, Arijit Mukherji, Tom Holmes, Karsten Jeske, Narayana Kocherlakota, Jing Li

This paper proposes a new, more robust experiment to test for the presence of hyperbolic discounting. We motivate the experiment by pointing out the problems in interpreting the existing evidence...

The Production Recipes Approach to Modeling Technological Innovation: An Application to Learning by Doing (1998)

Philip Auerswald, Stuart Kauffman, José Lobo, Philip Auerswald, Karl Shell, Christian Ghiglino, ...

and Headnote We do two things in this paper. First, we put forward some elements of a microeconomic theory of technological evolution. This involves adding nascent (essentially undiscovered)...

USE OF CHAMBERLAIN FIXED EFFECTS APPROACH TO ESTIMATE WILLINGNESS-TO-PAY FOR LITTLE TENNESSEE RIVER BASIN MANAGEMENT ALTERNATIVES

Bergstrom, John, Holmes, Tom, Huszar, Eric, Kask, Susan, Volinskiy, Dmitriy

The paper discusses an application of Chamberlain's fixed effects model to contingent valuation method survey data obtained for eight management alternatives for the Little Tennessee River basin. The...