In this paper, we examine differences in choice patterns between delay and speedup frames and refer to these differences in choice tasks as time framing effects. Framing effects in choice tasks seem to be less significant than corresponding framing effects in matching tasks and this result seems...

We investigate investors' time preferences and takeover performance outcomes in a cross-disciplinary international study. We use a cultural measure on long-term orientation (LTO) to capture investors' time preferences. Additionally, we study how investor protection and the nature of the deal...

We investigate discounting behavior in situations where both intertemporal and social discounting occur simultaneously. Situations of intergenerational conflicts are characterized by both time delay and social distance and can be interpreted either as a combination of current donations with...

We examine how time preferences impact the financing decision of firms. We hypothesize that the degree of long-term orientation in a country is positively related to the use of bank relationship lending. Based on a thorough theoretical investigation and an extensive empirical analysis using a...