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Using a unique field experiment from Canada, we estimate individual preference over risk and time and show considerable …, quasi-hyperbolic discounting as well as subjective failure probability over future payments. We investigate the predictive …
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measurement of time preference and risk attitude that are elicited in two parts of an experiment. Afterwards, the discount rate is …
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discounting. The main result is a statistically significant negative correlation between subjects' degrees of risk aversion and …
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