theory. This paper develops a theory of optimal pay timing when workers make time-inconsistent savings and borrowing …

gains and losses of spare/working time with respect to a reference duration defined in a working contract. Specifically, we … treatment), our subjects heavily discounted gains of time. More patience was observed for losses of time and a sizable portion … of subjects even exhibited negative discounting, i.e. prefer to expedite losses of time. Our econometric estimations also …

substantial cross-sectional variation in the speed of price of price discovery when measured in “real time.” This heterogeneity …, however, essentially disappears when measured in “trade time.” Consistent with previous work work, I find that trade time is … the hypothesis of Kyle and Obizhaeva (2016b) that “information flows take place in the same business time as trading.” …

This Round Table revisits the extended literature on the valuation of passenger time and discusses the under …-researched topic of the value of time in freight transport. It assesses the increased value of time in international freight transport …, given the trend towards globalisation. In particular, urban planners are concerned that an overvaluation of passenger time …

People’s value for their own time is a key input in evaluating public policies: evaluations should account for time …-DeGroot-Marschak - BDM - mechanism of Becker et al., 1964) correctly measure participants' value of time. Using a structural model, we … cash either for time or for goods. Our model estimates suggest that valuing the time of the self-employed at 60% of the …