used to estimate the discount rates of households. We show that there is substantial heterogeneity in discounting behaviour …

discounting, this manuscript compares the adjustment of data to six different discount functions. To do this, the analysis is …

discounting. A commonly recognized bias of standard elicitation techniques is the use of linear preferences for identification … utility function curvature. We present a new methodology for identifying time preferences, both discounting and utility … obtained, dynamically consistent discounting, and limited though significant utility function curvature …

Discounted utility theory and its generalizations (e.g., quasihyperbolic discounting, generalized hyperbolic … discounting) use discount functions for weighting utilities of outcomes received in different time periods. We propose a new … or not) and any preferences over risky lotteries (expected utility theory or not). The data from a controlled laboratory …