We re-evaluate the theory, experimental design and econometrics behind claims that individuals exhibit non-constant discounting behavior. Theory points to the importance of …
This paper documents a large association between individuals' time discounting in incentivized experiments and their positions in the real-life wealth distribution derived from …
Discount rates play a pivotal role in various fields, capturing the trade-off between present and future, influencing predictions of unhealthy behaviors. Despite substantial variations in …
JR Doyle - Judgment and Decision making, 2013 - cambridge.org
The paper surveys over twenty models of delay discounting (also known as temporal discounting, time preference, time discounting), that psychologists and economists have put …
O Urminsky, G Zauberman - The Wiley Blackwell handbook of …, 2015 - Wiley Online Library
Recently, there have been reviews focusing on the neurological underpinning of intertemporal. This chapter talks about the psychological foundation of intertemporal …
AE Attema - Journal of the Operational Research Society, 2012 - Taylor & Francis
The field of time preference is developing rapidly. It concerns important concepts for many economic issues. One important domain of application is health economics. This paper …
Goods remote in temporal, spatial, or social distance, or in likelihood, exert less control over our behavior than those more proximate. The decay of influence with distance, of perennial …
This paper introduces time-tradeoff (TTO) sequences as a general tool to analyze intertemporal choice. We give several applications. For empirical purposes, we can measure …
This article provides a parameter‐free measurement of utility in intertemporal choice and presents new and more robust evidence on the discounting of money outcomes …