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Present bias in choices over food and money
Danzer, Alexander M.; Zeidler, Helen - 2024
This paper investigates time inconsistencies in food consumption based on a field experiment at a college canteen where participants repeatedly select and consume lunch menus. The design features a convex non-monetary budget in a natural environment and satisfies the consume-on-receipt...
Persistent link: https://www.econbiz.de/10015084115
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Evidence on individual preferences for longevity risk
Delprat, Gaet͏̈an; Leroux, Marie-Louise; Michaud, … - 2013
The standard model of intertemporal choice assumes risk neutrality toward the length of life: due to additivity, agents are not sensitive to a mean preserving spread in the length of life. Using a survey fielded in the RAND American Life Panel (ALP), this paper provides empirical evidence on...
Persistent link: https://www.econbiz.de/10009729068
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Time preferences and lifetime outcomes
Golsteyn, Bart H. H.; Grönqvist, Hans; Lindahl, Lena - 2013
This paper investigates the relationship between time preferences and lifetime social and economic behavior. We use a Swedish longitudinal dataset that links information from a large survey on children's time preferences at age 13 to administrative registers spanning over five decades. Our...
Persistent link: https://www.econbiz.de/10009696878
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Life cycle time allocation and saving in an imperfect capital market
Apps, Patricia (contributor); Rees, Ray (contributor) - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001937662
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The impact of education on the subjective discount rate in Ugandan villages
Bauer, Michal; Chytilová, Julie - 2009
Heterogeneity in time discounting may reinforce the existing barriers to save and invest faced by rural populations in developing countries. We elicit a subjective discount rate for a varied sample of Ugandan villagers. In accordance with other studies, we have found the discount rate to...
Persistent link: https://www.econbiz.de/10003824853
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How general are time preferences? : eliciting good-specific discount rates
Ubfal, Diego - 2012
, good-specific discounting, under certain conditions, can explain the persistence of poverty and low savings by the poor … ; good-specific discounting ; savings ; poverty traps …
Persistent link: https://www.econbiz.de/10009575093
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Predicting retirement savings using survey measures of exponential-growth bias and present bias
Goda, Gopi Shah; Levy, Matthew; Flaherty Manchester, … - 2018
In a nationally-representative sample, we predict retirement savings using survey-based elicitations of exponential … present over the future, are highly significant and economically meaningful predictors of retirement savings. These … calculations suggest that eliminating EGB and PB would increase retirement savings by approximately 12 percent. …
Persistent link: https://www.econbiz.de/10011902764
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A model of dynamic conflict in ethnocracies
Bakshi, Dripto; Dasgupta, Indraneel - 2015
We model an infinitely repeated Tullock contest, over the sharing of some given resource, between two ethnic groups. The resource is allocated by a composite state institution according to relative ethnic control; hence the ethnic groups contest the extent of institutional ethnic bias. The...
Persistent link: https://www.econbiz.de/10011289899
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A rent-seeking perspective on imperial peace
Dasgupta, Indraneel - 2024
We model a rent-seeking contest among two "identity ideologues", differentially located along a uni-dimensional identity continuum, and a "mercenary", who can choose any location in-between. The contest jointly awards an identity-relevant good ("religion") and an identity-irrelevant good...
Persistent link: https://www.econbiz.de/10015064493
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Self-regulation through goal setting
Koch, Alexander K. (contributor);  … - 2008
Goals are an important source of motivation. But little is known about why and how people set them. We address these questions in a model based on two stylized facts from psychology and behavioral economics: i) Goals serve as reference points for performance. ii) Present-biased preferences...
Persistent link: https://www.econbiz.de/10003793362