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Recent developments in economic theory model intertemporal choice decisions as problems of restraining one’s natural …
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We study whether and how parents interfere paternalistically in their children's intertemporal decision-making. Based on experiments with over 2,000 members of 610 families, we find that parents anticipate their children's present bias and aim to mitigate it. Using a novel method to measure...
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economic theory, it has been hypothesized that people discount future reward value exponentially. In exponential discounting, a …
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