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 …

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 …

. 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 …

necessarily time inconsistent. The paper explores the relationship between how a decision-maker discounts well-being and how he …, including quasi-hyperbolic discounting (Phelps and Pollack (1968) [18]; Laibson (1997) [12]). Finally, the paper provides a … rigorous way to think about welfare criteria in models with time inconsistent agents. …

aspects of time discounting: (i) impatience, measured by the overall discount rate; (ii) present bias, measured by the degree … are indicative of being a time-inconsistent procrastinator, and classified as sophisticated otherwise. The health …

This methodological survey reviews recent developments in the design of experiments to elicit individuals' time … preferences, with a focus on the measurement or control for potentially non-linear utility. While the objective of a time … assume an equivalence between utility under risk and over time, and whether they result in an estimate of the curvature of …

times are influenced by their expected income levels at those times. Moreover, we recover time preferences after …

The paper surveys over twenty models of delay discounting (also known as temporal discounting, time preference, time … discounting), that psychologists and economists have put forward to explain the way people actually trade off time and money … cost; Benhabib et al's Exponential/Hyperbolic/quasi-Hyperbolic; Read's discounting fractions; Roelofsma's exponential time …

time and risk attitudes. It is shown that Loewenstein-Prelec's generalized hyperbolic temporal discount function … laws of time-perception …