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the economics domain. In the experiment we find that: 1) traditional economic models based on discounting alone cannot …; 2) our model, despite considering only a specific (exponential) form of discounting, can explain the data much better … basic predictions of discounting theories: the deviations are not random and there are clear systematic patterns of …
Persistent link: https://www.econbiz.de/10003323162
individual discount rate, this paper analyzes whether changes in time discounting can account for differences in body mass … remarkable increase in BMI experienced in recent years. We find some evidence for a link between time discounting and differences … our hypothesis the best chance, we analyze the development of the time discounting proxies that are most strongly related …
Persistent link: https://www.econbiz.de/10002805498
inherently unobservable sources of heterogeneity learning ability and workers' inter-temporal preferences (discounting) both of …
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effects, these results can be solely attributed to present-biased discounting under the pay-later scheme. These results imply …
Persistent link: https://www.econbiz.de/10012312873
, quasi-hyperbolic discounting as well as subjective failure probability over future payments. We investigate the predictive …
Persistent link: https://www.econbiz.de/10011580855
Numerous studies have investigated how people resolve intertemporal trade-offs in individual decision making, but little is known about how the timing of costs and benefits affects behavior in strategic decision situations. Here, we experimentally study how delayed costs and/or benefits affect...
Persistent link: https://www.econbiz.de/10011906687