is known, however, about discounting when there are trade-offs between own and others' consumption. In this paper, we … social contexts is correlated with present bias in intertemporal choices that only affect own consumption. This demonstrates …

, structural estimations reveal that this is because agents exhibit present bias in own but not in others' consumption. We show … consumption is a stable behavioral trait which is correlated across individual and social contexts. …

choices involve trade-offs between own and other's consumption. Structural estimations reveal no individual-level correlation …