is known, however, about discounting when there are trade-offs between own and others' consumption. In this paper, we … provide a systematic analysis of present bias in individual and social contexts, as well as its stability across these two. In …

of present bias across contexts. Discounting in social situations thus seems to be conceptually different from … discounting in individual situations. …

We investigate the presence and stability of dynamically inconsistent time preferences across contexts with and without …

our extension is isomorphic to generalized discounting with dynamic consistency and characterize the unique equilibrium … respect to time discounting. All bargaining takes place within a single experimental session, so bargaining delay is … behavioral support for the basic predictions that hold regardless of the details of discounting. Testing differential predictions …

our extension is isomorphic to generalized discounting with dynamic consistency and characterize the unique equilibrium … respect to time discounting. All bargaining takes place within a single experimental session, so bargaining delay is … behavioral support for the basic predictions that hold regardless of the details of discounting. Testing differential predictions …

) bargaining model to arbitrarily non-stationary discounting, we first show that dynamic consistency across bargaining rounds is … test for a general patience advantage, predicted independent of the shape of discounting, and it receives strong behavioral … discounting in favor of present-biased discounting. …