We compare different designs that have been used to test for an impact of time horizon on discounting, using real incentives and two representative data sets. With the most commonly used type of design we replicate the typical finding of declining (hyperbolic) discounting, but with other designs...

This paper presents an experimentally validated survey module to measure six key economic preferences - risk aversion, discounting, trust, altruism, positive and negative reciprocity - in a reliable, parsimonious and cost-effective way. The survey instruments included in the module were the best...

This paper investigates how risk attitudes change over the life course. We study the age trajectory of risk attitudes all the way from early adulthood until old age, in large representative panel data sets from the Netherlands and Germany. Age patterns are generally difficult to identify...