RDP 9307: Explaining Forward Discount Bias: Is it Anchoring? Equation (A2)

p t - p ¯ t = λ ( i - i * ) t . MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeiCamaaBa aaleaacaqG0baabeaakiabgkHiTGqaaiqa=bhagaqeamaaBaaaleaa caqG0baabeaakiabg2da9GGaaiab+T7aSnaabmaabaGaaeyAaiaayk W7cqGHsislcaaMc8UaaeyAamaaCaaaleqabaGaaeOkaaaaaOGaayjk aiaawMcaaiaabshacaGGUaaaaa@47F1@