Casari, Marco; Dragone, Davide - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2010
We study time preferences in a real-effort experiment with a one-month horizon. We report thattwo thirds of choices suggest negative time preferences. Moreover, choice reversal over time iscommon even if temptation plays no role. We propose and measure three distinct concepts ofchoice reversal...