Andersen, Steffen; Harrison, Glenn W.; Lau, Morten I.; … - In: Econometrica 76 (2008) 3, pp. 583-618
We design experiments to jointly elicit risk and time preferences for the adult Danish population. Since subjects are generally risk averse, we find that joint elicitation provides estimates of discount rates that are significantly lower than those found in previous studies and more in line with...