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The model of time-inconsistent procrastination by O'Donoughe and Rabin shows that individuals who are not aware of …-biased (time-consistent). This paper tests this prediction. We classify participants into types using a novel measure, and require …
Persistent link: https://www.econbiz.de/10012956187
Persistent link: https://www.econbiz.de/10011317843
hypotheses in a lab-in-the-field experiment, which involves repeated MEL games, a large unconditional cash transfer, and an … financial choices, providing a rationale for the common practice of interpreting MEL choices as a proxy for time preferences …
Persistent link: https://www.econbiz.de/10014635646
In a variety of individual decision contexts, people have been shown to exhibit presentbiased time preferences. Little … a longitudinal experiment, subjects make a series of intertemporal allocation decisions of real-effort tasks for varying …
Persistent link: https://www.econbiz.de/10011819425
We investigate dynamically inconsistent time preferences across contexts with and without interpersonal trade-offs. In … a longitudinal experiment participants make a series of intertemporal allocation decisions of real-effort tasks between … but not when choosing for others. Despite this asymmetry, we find no evidence for time-inconsistent generosity, i.e., when …
Persistent link: https://www.econbiz.de/10012499664
We investigate the presence and stability of dynamically inconsistent time preferences across contexts with and without … interpersonal trade-offs. In a longitudinal experiment subjects make a series of intertemporal allocation decisions of real …-effort tasks between themselves and another person. We find substantial time inconsistency in generosity: agents become …
Persistent link: https://www.econbiz.de/10012232130
identically. In applications, however, interactions often occur between players whose time preferences differ. We study …
Persistent link: https://www.econbiz.de/10014284761
identically. In applications, however, interactions often occur between players whose time preferences differ. We study …
Persistent link: https://www.econbiz.de/10014287389
In this study, we estimate unadjusted and adjusted gender gap in time preference, risk attitudes, altruism, trust …, less trustworthy and less competitive than males. At the same time we do not observe significant gender differences in … patience, time inconsistency and cooperation at the 5% significance level. We also show that these initial gender differences …
Persistent link: https://www.econbiz.de/10012440271
“Now” treatment, a standard trust game is run and subjects receive payment in the same date of the experiment. In the …
Persistent link: https://www.econbiz.de/10013220297