We compare different designs that have been used to test for an impact of time horizon on discounting, using real …

incentive compatible choice experiments measuring risk aversion, and impatience over an annual time horizon, for a …

To accurately predict behavior economists need reliable measures of individual time preferences and attitudes toward … risk and typically need to assume stability of these characteristics over time and across decision domains. We test the … these characteristics over time and across situations. We find high reliability and that individual characteristics are …

estimate of risk aversion and the time preference discount rate per individual. This can be done because the consumption of a … large prize is smoothed over a larger time period. It is found that both parameters strongly vary over individuals, while … they are moderately negatively correlated. Furthermore we explain the estimated relative risk aversion and time preference …

Response time is increasingly used to shed light on the process by which individuals make decisions. As mistakes may be … correlated with response time it could, however, be misleading to use this measure to draw inference on preferences. To … demonstrate we build on a recent literature, which uses response time to determine whether individuals intuitively are generous or …

, which contradicts most theories of choice such as expected utility but is consistent with a theory of responsibility … pattern that is also consistent with this theory and entails substantial allocative consequences. …