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 …

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

rate of time preference declines and then rises. Estimates of the quasi-hyperbolic discounting parameter range from 0.48 to …This article examines revealed rates of time preference for public goods, using environmental quality as the case study … estimates implied that the rate of time preference is very high for immediate improvements and drops off substantially …

Many discounting choices affect both the decision maker as well as others. The interpersonal nature of these choices is …

over discounted utility (and its generalizations — quasi-hyperbolic and generalized hyperbolic discounting): a) time … Samuelson's discounted utility (constant/exponential discounting) when utility function is linear. DIU has several advantages … slightly delayed in time; c) utility is not separable across time periods, i.e. the model allows for intertemporal wealth …