We compare different designs that have been used to test for an impact of time horizon on discounting, using real … declining (hyperbolic) discounting, but with other designs find constant or increasing discounting. As a whole, the data are not … consistent with any of these usual candidate discounting assumptions, and they also imply a violation of transitivity. The …

Standard consumption utility is linked in time to a consumption event, whereas the timing of prosocial utility flows is …-offs, existing models of other-regarding preferences abstract from the time signature of utility flows, limiting their explanatory … scope. Building on a canonical intertemporal choice framework, we characterize the behavioral implications of the time …

can be non-parametrically identified with contracts that specify payments that take place at various points in time in the … market. Even though we allow for a general-hyperbolic specification (which has exponential discounting as a special case …

(SHARE), we elicit individual time preferences using competing discounting specifications. With the formulation that best … fits our data, we examine which individual characteristics drive the estimated heterogeneity in later life time preferences … patience. Our analysis also provides methodological guidance for instrument design with the aim of eliciting time preferences …

of the UK. The magnitude is inconsistent with exponential time preference, but compatible with quasi …-hyperbolic discounting. However, the hyperbolic model predicts that credit constraints drive the decline, and we find only mixed evidence in …

We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to …

. Yet, economic theory predicts that the scope for punishment as acting as a deterrent depends on how much individuals … criminals have short time horizons, then it is hard to imagine punishment acting as a key deterrent. This paper provides the … first empirical investigation of the link between time preferences and criminal behavior. Our study is made possible by …

This methodological survey reviews recent developments in the design of experiments to elicit individuals' time … preferences, with a focus on the measurement or control for potentially non-linear utility. While the objective of a time … assume an equivalence between utility under risk and over time, and whether they result in an estimate of the curvature of …

We propose a simple method for eliciting individual time preferences without estimating utility functions even in … settings where background consumption changes over time. It relies on lottery tickets with high rewards. In a standard …

choices over different goods, the paper elicits time preferences from approximately 2,400 subjects. The data reject the null … theoretical and policy implications. For instance, they provide support for the idea that time-inconsistent behaviors and a … corresponding demand for commitment can be observed even if individuals do not exhibit horizon-specific discounting. In addition …