Showing 1 - 10 of 23,950
Persistent link: https://www.econbiz.de/10011737982
According to Chen's (2013) linguistic-savings hypothesis, languages which grammatically separate the future and the present (like English or Italian) induce less future-oriented behavior than languages in which speakers can refer to the future by using present tense (like German). We complement...
Persistent link: https://www.econbiz.de/10011343740
Persistent link: https://www.econbiz.de/10011576682
In a variety of individual decision contexts, people have been shown to exhibit presentbiased time preferences. Little 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...
Persistent link: https://www.econbiz.de/10011819425
According to Chen's (2013) linguistic-savings hypothesis, languages which grammatically separate the future and the present (like English or Italian) induce less future-oriented behavior than languages in which speakers can refer to the future by using present tense (like German). We complement...
Persistent link: https://www.econbiz.de/10011346563
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 themselves and another person. Our results reveal that...
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....
Persistent link: https://www.econbiz.de/10012232130
How does delay in the realization of a prosocial decision affect prosocial choice? This paper first provides a meta-analysis that collects existing evidence on the temporal consistency of prosocial behavior. I show that the evidence on the delay effect on prosocial choice is contradicting but...
Persistent link: https://www.econbiz.de/10013332362
This methodological survey reviews recent developments in the design of experiments to elicit individuals' time preferences, with a focus on the measurement or control for potentially non-linear utility. While the objective of a time preference experiment is usually to estimate parameters of a...
Persistent link: https://www.econbiz.de/10011458093
This paper examines the effects of alternative assumptions regarding the curvature of utility upon estimated discount rates in experimental data. To do so, it introduces a novel design to elicit time preference building upon a translation of the Holt and Laury method for risk. The results...
Persistent link: https://www.econbiz.de/10012062699