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 …

Most experimental evidence of hyperbolic discounting is based on violations of either stationarity or time consistency … reversals may however also result from time-varying discount rates. Hyperbolic discounting is an unambiguous explanation for … stationarity or time consistency alone is insufficient to identify hyperbolic discounting …

We study preferences over lotteries that pay a xed prize at an uncertain future date: what we call time lotteries. The … standard model of risk and time preferences, Expected Discounted Utility, implies that individuals must be risk seeking towards … contributions are theoretical. First, we show that risk aversion over time lotteries can be captured by a generalization of Expected …

discounting in favor of constant discount rates and because of the long time horizon, the average discount rate of 1.9% is much …We employ the convex time budget approach in a laboratory experiment to measure individual discount rates for time …

the failure to incorporate time discounting. This paper aims to measure time discounting for health outcomes in a sample … representative for the general population. In particular, we estimate TTO scores alongside time discounting in order to derive a set … of correction factors that can be employed to correct raw TTO scores for the downward bias caused by time discounting. We …

of subjects even exhibited negative discounting, i.e. prefer to expedite losses of time. Our econometric estimations also … reveal a much larger heterogeneity of behavior in terms of both utility and discounting for gains and losses of spare time as … gains and losses of spare/working time with respect to a reference duration defined in a working contract. Specifically, we …

a discontinuous discounting model using data that are generated by a continuous discounting process. The time …Estimates of the parameters of the quasi-hyperbolic discounting model–beta and delta–have been used for quantitative … purposes, including comparisons of the psychology of discounting between populations and decision-making contexts, design of …