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Kiessling, Lukas; Chowdhury, Shyamal K.; … - 2021

We study whether and how parents interfere paternalistically in their children's intertemporal decision-making. Based on experiments with over 2,000 members of 610 families, we find that parents anticipate their children's present bias and aim to mitigate it. Using a novel method to measure...

Persistent link: https://www.econbiz.de/10012403892

Intertemporal choice with health-dependent discounting

Strulik, Holger - In: Mathematical social sciences 111 (2021), pp. 19-25

Persistent link: https://www.econbiz.de/10012615614

The role of heterogeneous risk preferences, discount rates, and earnings expectations in college major choice

Patnaik, Arpita; Venator, Joanna; Wiswall, Matthew; … - In: Journal of econometrics 231 (2022) 1, pp. 98-122

Persistent link: https://www.econbiz.de/10013441972

Subsidizing health-conscious behavior now or later

Danilowicz-Gösele, Kamila; Schwager, Robert - 2016

In a model where consumers have quasi-hyperbolic preferences, we compare immediate subsidies paid for health …-conscious consumption and future subsidies rewarding good health outcome. We characterize the subsidy rates which implement the unbiased … choice. These rates differ because of two countervailing effects: (1) the individual applies quasi-hyperbolic discounting to …

Persistent link: https://www.econbiz.de/10011420788