Most evidence of hyperbolic discounting is based on violations of either stationarity or time consistency as observed … discounting is a plausible explanation for choice reversals only if violations of stationarity and time consistency overlap. Our … conclude that when incomes fluctuate, one can only identify hyperbolic discounting by eliciting violations of both stationarity …

preference reversals arecommonly interpreted as contradicting constant discounting. This interpretation is correctonly if … baseline consumption to which the outcomes are added, remains constant over time.The difficulty with measuring discounting when … discounted. In this paper we propose a way to disentangle thetwo effects, which allows us to draw conclusions about discounting …

We propose a simple method for eliciting individual time preferences without estimating utility functions even in … elicitation method experimentally on two student samples: one asked in December when their current budget is reduced by … application of our method with unemployed job seekers which naturally have income/consumption variation. …

, effectively defeating the tyranny of discounting. A back-of-the-envelope calibration suggests that this last result is realistic …

, entrepreneurship and an obesity index. Very significant effects are found. If weexplain ? in a simple model where time discounting is …