A central element, however, relates to expressions of anger or impatience with authority; with resentment or boredom.
As increases further, however, the income-impatience effects begin to dominate the substitution effects.
Furthermore, impatience is higher in the short run than in the long run, because the environmental quality is higher and impatience increases with it.
Even those couples with no impatience to consume have little incentive to buy annuities, less than a 7% increase in welfare.
They also report on model sensitivity checks, feeding in alternatives values (not the calibrated values) of risk aversion and the discount rate/impatience parameters.
Rather, their impulsivity is manifested in marked impatience, interruption of others, and difficulty regulating excitement.
There was impatience at the continuation of pr ivate ownership in industr y and the continuity of manager ial personnel where companies had been nationalised.
The income-impatience effect described earlier is in fact the key to the dramatic variation in the model's quantitative properties as increases.
