This paper studies the relationship between population size and the rate of time preference (RTP) in pre-capitalist subsistence agricultural communities. The RTP is reflected in the community's propensity to invest in and maintain new arable land that may be considered as an inherent...

This paper studies the relationship between population size and the rate of time preference (RTP) in pre-capitalist subsistence agricultural communities. The RTP is reflected in the community´s propensity to invest in and maintain new arable land that may be considered as an inherent...