reduction in parental time devoted to children, which modifies their human capital accumulation process. We show that the result … critically depends on the assumptions on the altruistic motives behind the choice of devoting time to children. …

. We study in an experiment with 336 kindergarten children, aged three to six years, whether intertemporal choice behavior … is malleable. In a control condition, about 50% of children prefer two rewards the next day over one reward immediately … successfully in promoting delay of gratification. We also find that patience increases with age and that more patient children have …