) 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. …

preference reversals arecommonly interpreted as contradicting constant discounting. This interpretation is correctonly if … baseline consumption to which the outcomes are added, remains constant over time.The difficulty with measuring discounting when … discounted. In this paper we propose a way to disentangle thetwo effects, which allows us to draw conclusions about discounting …