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 … field experiment examines the extent to which this is the case. At different points in time, the same participants allocated …

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 …

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

This paper tests whether the choice of when to be paid depends on the income type. A lab-in-the-field experiment in … dates. Participants allocated the windfall to the earlier of the two dates, in line with theory, but allocated milk payments …

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