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This paper investigates “asymmetries” between non-monetary gains and losses in inter-temporal choice. We considered gains and losses of spare/working time with respect to a reference duration defined in a working contract. Specifically, we elicited a behavioral model of inter-temporal choice...
Persistent link: https://www.econbiz.de/10012920284
Starting a business requires investing both money and time in the hope of future financial benefits. Since investments and potential gains happen over time, the way in which individuals value the future relative to the present—i.e., their temporal preferences—may be an important driver...
Persistent link: https://www.econbiz.de/10014345088
Persistent link: https://www.econbiz.de/10014530338