This paper suggests a method for estimating the distribution of discount rates using panel data on income and wealth … used to estimate the discount rates of households. We show that there is substantial heterogeneity in discounting behaviour …

inherently unobservable sources of heterogeneity learning ability and workers' inter-temporal preferences (discounting) both of …

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 …

ability and workers' inter-temporal preferences (discounting). We apply this test to the large observed differences in wages … and wage growth rates between smokers and non-smokers. The evidence supports the discounting hypothesis …