separately. While our test rejects time inconsistency in the form of present-bias for both population groups, young smokers are … found to discount future utilities much more than adults. From a life-cycle perspective, this is still a form of time … inconsistency, which provides partial empirical support to the T21 law motivation, but also highlights how the quasi …

psychological measure of grit, with economic measures of impatience and decreasing impatience (time inconsistency), respectively, in … and grit are predictive for both outcomes, but this is not the case for time inconsistency. Our findings suggest that it … the general population. We find that impatience is associated with grit through the PoE component. No association of time …