We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and
adolescents, aged ten to eighteen years, in an incentivized experiment and relate …

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 …

Perhaps the majority of our choices are intertemporal ones, in which the options under
consideration differ in their timing as well as (perhaps) a host of other things. Often these …

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 …

Probability and time are integral dimensions of virtually any decision. To treat them together,
we consider the prospect of receiving outcome x with a probability p at time t. We define risk …

This paper reports the elicited time preference of human subjects in a laboratory setting. The
model allows for non-linear utility functions, non-separability between delay and reward, and …

The combined effects of global warming and population growth induce policymakers to
enhance flood risk management practices in order to reduce substantially the causes of …

This article provides an axiomatic characterization of quasi-hyperbolic discounting and a
more general class of semi-hyperbolic preferences. We impose consistency restrictions …

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 …