People’s value for their own time is a key input in evaluating public policies: evaluations should account for time …-DeGroot-Marschak - BDM - mechanism of Becker et al., 1964) correctly measure participants' value of time. Using a structural model, we … cash either for time or for goods. Our model estimates suggest that valuing the time of the self-employed at 60% of the …

We compare different designs that have been used to test for an impact of time horizon on discounting, using real …-temporal choice. -- time preference ; hyperbolic discounting ; self-control ; dynamic inconsistency ; intransitivity …

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 …

future by using present tense (like German). We complement Chen's approach with experimentally elicited time preference data …

explaining heterogeneity in important life outcomes and behavior. -- risk preference ; time preference ; social preferences …

We analyze the relation between time preferences, study effort, and academic performance among first-year business and … economics students. Time preferences are measured by stated preferences for an immediate payment over larger delayed payments …. Data on study efforts are derived from an electronic learning environment, which records the amount of time students are …

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 …