with real monetary rewards conduEted among students in South Africa to estimate risk and time preferences. These … preference from observed discount rates. Once these factors are taken into account, HIV+ agents’ time preferences conform to …

We propose a novel utility representation for preferences over risky timed outcomes. The weighted temporal utility … weighted temporal utility function can have time consistent yet non-stationary preferences or stationary yet time inconsistent … preferences. Thus, our model can explain the empirical evidence in Halevy (2012) which is at odds with standard models of …

Higher order risk preferences are important determinants of economic behaviour. We apply behavioural insights to this … topic: we measure higher order risk preferences for pure gains and pure losses by controlling the reference point. We find a … reflection effect not only for second order risk preferences, as in Kahneman and Tversky 1979, but also for higher order risk …

We propose a utility representation for preferences over risky timed outcomes, the weighted temporal utility model. It … non-stationary preferences or stationary yet time-inconsistent preferences. We provide a characterization of our model and …

with real monetary rewards conducted among students in South Africa to estimate risk and time preferences. These … preference from observed discount rates. Once these factors are taken into account, HIV+ agents' time preferences conform to …