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We here estimate a number of alternatives to discounted-utility theory, such as quasi-hyperbolic discounting … data come from a controlled laboratory experiment designed to reveal individual time preferences in two rounds of 100 …—turn out to be the best-fitting theory (for about two-thirds of all subjects). For a great majority of subjects (72%), the …
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We study time preferences by means of a longitudinal lab experiment involving both monetary and non-monetary rewards … that most people prefer to anticipate monetary rewards (positive time preferences for money), but they delay non …-monetary rewards (negative time preferences for leisure). These results cannot be explained by personal timetables and heterogeneous …
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