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We study the joint role of altruism and impatience, and the impact of evolution in the formation of long-term time … relate to altruism and to impatience and we reason that long-lived dynasties will be characterized by a higher degree of … altruism and a lower degree of impatience than short-lived dynasties. …
Persistent link: https://www.econbiz.de/10010292746
some age, the impatience outweighs the habit concerns so that consumption starts to decrease. We derive the optimal …
Persistent link: https://www.econbiz.de/10010327862
impatience of one standard deviation increases the probability of experiencing divorce by almost one percentage point. Our …
Persistent link: https://www.econbiz.de/10010328886
Procrastination produces harmful effects for human capital investments and studying activities. Using data from a large sample of Italian undergraduates, we measure procrastination with the actual behaviour of students, considering the delay in finalizing their university enrolment procedure. We...
Persistent link: https://www.econbiz.de/10010352320
impatience, especially difficulties with delaying gratification, in several important economic choices. There is strong evidence …
Persistent link: https://www.econbiz.de/10011573623
We address the following question: When can one person properly be said to be more delay averse than another? In reply, several (nested) comparison methods are developed. These methods yield a theory of delay aversion which parallels that of risk aversion. The applied strength of this theory is...
Persistent link: https://www.econbiz.de/10011599383
Economists and psychologists have devised numerous instruments to measure time preferences and have generated a rich literature examining the extent to which time preferences predict important outcomes; however, we still do not know which measures work best. With the help of a large sample of...
Persistent link: https://www.econbiz.de/10010278351
model links impatience to voters’ appraisals of an income shock due to globalization that is associated with short-run costs …
Persistent link: https://www.econbiz.de/10012269536
countries. This paper examines how access to formal banking (or lack thereof), impatience and self-control are correlated with … individuals' decisions to join RoSCAs. The paper employs an incentivized experiment to elicit impatience and a questionnaire to … partially (self-control but not impatience) correlates with the RoSCA participation decision. Conditional on RoSCA participation …
Persistent link: https://www.econbiz.de/10012621071
individually determine stationarity, the common difference effect and its converse; constant, decreasing and increasing impatience …
Persistent link: https://www.econbiz.de/10012657921