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, small delays were introduced between the time of the experiment and the soonest payment. We conduct a laboratory experiment …
Persistent link: https://www.econbiz.de/10011449960
a longitudinal experiment participants make a series of intertemporal allocation decisions of real-effort tasks between …
Persistent link: https://www.econbiz.de/10012499664
interpersonal trade-offs. In a longitudinal experiment subjects make a series of intertemporal allocation decisions of real …
Persistent link: https://www.econbiz.de/10012232130
We investigate whether the value of time (VOT) depends on when the corresponding preferences are measured: in advance, just before, or after the time period for which the time preferences are being evaluated. We find that the VOT is highest when elicited just before the time period. This is an...
Persistent link: https://www.econbiz.de/10012507266
a longitudinal experiment, subjects make a series of intertemporal allocation decisions of real-effort tasks for varying …
Persistent link: https://www.econbiz.de/10011819425
Persistent link: https://www.econbiz.de/10012224704
We examine 220 estimates of the present-bias parameter from 28 articles using the Convex Time Budget protocol. The literature shows that people are on average present biased, but the estimates exhibit substantial heterogeneity across studies. There is evidence of modest selective reporting in...
Persistent link: https://www.econbiz.de/10012064418
We examine 220 estimates of the present-bias parameter from 28 articles using the Convex Time Budget protocol. The literature shows that people are on average present biased, but the estimates exhibit substantial heterogeneity across studies. There is evidence of modest selective reporting in...
Persistent link: https://www.econbiz.de/10012120276
We design and implement the first real-effort experiment that can jointly estimate present bias (β) and sophistication …
Persistent link: https://www.econbiz.de/10014444409
experiment. The training technique we consider is a well-known psychological technique called "mindfulness", which is believed to … improve self-control and reduce stress. We conduct the experiment with 139 participants, half of whom receive a four …
Persistent link: https://www.econbiz.de/10011497132