Benhabib, Jess; Bisin, Alberto; Schotter, Andrew - In: Games and Economic Behavior 69 (2010) 2, pp. 205-223
In this paper we elicit preferences for money-time pairs via experimental techniques. We estimate a general specification of discounting that nests exponential and hyperbolic discounting, as well as various forms of present bias, including quasi-hyperbolic discounting. We find that discount...
