We propose a utility representation for preferences over risky timed outcomes, the weighted temporal utility model. It separates subjective evaluations of outcomes from attitudes towards psychological distance induced by risks and delays. Subjective evaluations of outcomes may depend on the time...

This paper studies intertemporal social preferences. We introduce intertemporal dictator and ultimatum games where players decide on the timing of monetary payoffs. The setting is two-dimensional rather than one-dimensional, in the sense that inequalities can arise in the time as well as in the...

Anecdotally, physical activity appears to be a textbook example of time inconsistency, which is the failure to follow through on ex-ante preferences and plans. Interestingly, our longitudinal survey finds that, over a fortnight, exercising more than preferred/planned is actually more prevalent...