run a lab experiment which mimics an energy consumption choice and randomizes the timing of when consumption costs are …

run a lab experiment which mimics an energy consumption choice and randomizes the timing of when consumption costs are …

profit is more likely to be deferred over time than a certain profit of the same value. On the other hand, the expected large …

We study the role of financial literacy for inter-temporal decision-making using an adapted version of the Convex Time … to show individual discount factors which are in line with extra-experimental market rates. At the same time, financial … evidence for inter-temporal arbitrage among financially literate respondents, thereby revealing a potential confound in time …

We study the role of financial literacy for inter-temporal decision-making using an adapted version of the Convex Time … to show individual discount factors which are in line with extra-experimental market rates. At the same time, financial … evidence for inter-temporal arbitrage among financially literate respondents, thereby revealing a potential confound in time …

version of the Convex Time Budget Protocol. We document substantial heterogeneity in choice-patterns and estimated parameters … entire budget to corner choices as interest rates increase. At the same time, domain specific knowledge is uncorrelated with … high ability respondents, thereby revealing a potential confound in time-preference elicitation tasks relying on time …

energy price beliefs. By running an artefactual field experiment with a representative sample of 711 participants, we gather … that participants with present bias are predicted to consume on average 9% more electricity than participants with time …

This paper analyzes in a within-subjects experiment time preferences when peopledecide for themselves and on behalf of …

entire estate goes to the eldest son. Combining a survey with a lab in the field experiment, we show that this is still the …