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has been cited by the following article:
TITLE: Quasi-Hyperbolic Discounting and Delayed Retirement
AUTHORS: James A. Feigenbaum, T. Scott Findley
KEYWORDS: Quasi-Hyperbolic Discounting, Retirement, Life-Cycle Consumption and Saving
JOURNAL NAME: Theoretical Economics Letters, Vol.5 No.2, April 28, 2015
ABSTRACT: We study the active retirement choice in a simple three-period life-cycle setting and demonstrate that time-inconsistent delayed retirement becomes a theoretical possibility. This helps to align theory with the intuition that delaying the date of retirement can be a reasonable response to spending too much and saving too little for retirement.