Code to replicate the empirical results reported in "Random Discounted Expected Utility", by Jose Apesteguia, Miguel A. Ballester, and Ángelo Gutiérrez-Daza.
A local copy of the paper can be found here.
The online appendix of the paper can be found here.
This repository contains the following folders:
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DMPL contains the code to reproduce the results reported in Section 4 of the paper, which presents the application of the R-DEU model to Double Multiple Price List (DMPL) data.
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CB contains the code to reproduce the results reported in Section 6 of the paper, where the application of the R-DEU model to Convex Budget (CB) data is presented.
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Extensions contains the code to reproduce the results reported in the section "Extensions" of the Appendix, where the model is extended to allow for present bias that is also stochastic.
The README.md file of each folder contains further information about the contents and the steps necessary to reproduce the results.