Most evidence of hyperbolic discounting is based on violations of either stationarity or time consistency as observed … discounting is a plausible explanation for choice reversals only if violations of stationarity and time consistency overlap. Our … in choice experiments. These choice reversals may however also result from time-varying discount rates. Hyperbolic …

. 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 …

times are influenced by their expected income levels at those times. Moreover, we recover time preferences after …

preferences) with preferences toward the risk of when something may happen (time or delay risk preferences). Just as choices over … monetary risks identify utility independently from discounting, choices over uncertain delays of a fixed reward identify … discounting independently from utility. We replicate the widespread finding of outcome risk aversion, but — in a perfectly …

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 …

In accounting for the phenomenon of present bias, the hyperbolic discounting and quasi-hyperbolic discounting models … have distinct predictions beyond today. We provide experimental evidence supporting diminishing rate of discounting beyond … extended present bias hypothesis with distinct present and near term bias followed by exponential discounting into the future …

model that does not violate temporal dominance, is monotone in time preference parameters (e.g., a discount factor) and …

confounding effects of time pressure, as proposed by dual-systems theory (Evans, 2006; Kahneman and Frederick, 2002). Results of …Time preferences drive decisions in many economic situations, such as investment contexts or salary negotiations. These … situations are characterized by a very short time frame for decision making. Preferences are potentially susceptible to the …