Hermann, Daniel; Mußhoff, Oliver; Rüther, Dörte - Institut für Agrarökonomie, Georg-August-Universität … - 2015
The discount rate is of great importance for all decisions in an intertemporal context, such as the decision of how much a society invests in environmental preservation, or the financial decisionmaking on the individual level. This study experimentally investigates the time preferences of...