File:Hyperbolic vs. exponential discount factors.svg
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Original file (SVG file, nominally 720 × 540 pixels, file size: 14 KB)
Summary
| Description |
English: A comparison of the discount factor of hyperbolic discounting with that of exponential discounting. |
| Source | Own work |
| Author | Moxfyre |
| Other versions | Hyperbolic vs. exponential discount rates.svg |
| SVG development |  This plot was created with Matplotlib. |
| Source code | Python codeimport pylab as P
import numpy as N
P.rcParams['svg.embed_char_paths'] = False
x = N.linspace(0, 10, 1000)
hyp_df = 1/(1+x)
exp_df = N.exp(-x)
P.figure(1)
P.plot(x, hyp_df, "-", label="Hyperbolic discounting")
P.plot(x, exp_df, "-", label="Exponential discounting")
P.ylim(-0.05, 1.05)
P.legend(loc="upper right")
P.xlabel("Time from present")
P.ylabel("Discount factor")
P.savefig("Hyperbolic vs. exponential discount factors.svg")
P.figure(2)
#P.twinx()
P.plot(x, N.exp(P.log(hyp_df)/x), "-", label="Hyperbolic discounting")
P.plot(x, N.exp(P.log(exp_df)/x), "-", label="Exponential discounting")
P.ylim(-0.05, 1.05)
P.legend(loc="upper right")
P.xlabel("Time (from present)")
P.ylabel("Discount rate")
P.savefig("Hyperbolic vs. exponential discount rates.svg")
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Licensing
I, the copyright holder of this work, hereby publish it under the following licenses:
This file is licensed under the Creative Commons Attribution-Share Alike 3.0 Unported license.
- You are free:
- to share – to copy, distribute and transmit the work
- to remix – to adapt the work
- Under the following conditions:
- attribution – You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- share alike – If you remix, transform, or build upon the material, you must distribute your contributions under the same or compatible license as the original.
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Permission is granted to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1.2 or any later version published by the Free Software Foundation; with no Invariant Sections, no Front-Cover Texts, and no Back-Cover Texts. A copy of the license is included in the section entitled GNU Free Documentation License. |
You may select the license of your choice.
Licensing
I, the copyright holder of this work, hereby publish it under the following licenses:
This file is licensed under the Creative Commons Attribution-Share Alike 3.0 Unported license.
- You are free:
- to share – to copy, distribute and transmit the work
- to remix – to adapt the work
- Under the following conditions:
- attribution – You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- share alike – If you remix, transform, or build upon the material, you must distribute your contributions under the same or compatible license as the original.
|
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Permission is granted to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1.2 or any later version published by the Free Software Foundation; with no Invariant Sections, no Front-Cover Texts, and no Back-Cover Texts. A copy of the license is included in the section entitled GNU Free Documentation License. |
You may select the license of your choice.
File history
Click on a date/time to view the file as it appeared at that time.
| Date/Time | Thumbnail | Dimensions | User | Comment | |
|---|---|---|---|---|---|
| current | 20:26, 30 November 2009 | | 720 × 540 (14 KB) | wikimediacommons>Moxfyre | {{Information |Description={{en|1=A comparison of the discount factor of hyperbolic discounting with that of exponential discounting.}} |Source={{own}} |Author=Moxfyre |Date= |Permission= |other_versions=[[:Fi |
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