representative sample of the Hungarian adult population, we investigate if time discounting and locus of control predict who takes up … and financial status. Data suggest that the channel through which time discounting and loan forbearance are related is … loan forbearance. We find convincing evidence that time discouting associates with the resort to forbearance: individuals …

a discontinuous discounting model using data that are generated by a continuous discounting process. The time …Estimates of the parameters of the quasi-hyperbolic discounting model–beta and delta–have been used for quantitative … purposes, including comparisons of the psychology of discounting between populations and decision-making contexts, design of …

Hyperbolic discounting (H) is currently the dominant behavioral model of intertemporal choice, since it better explains … how people behave than the normatively correct exponential discounting model (E). This paper promotes an arithmetic … discounting model (A) which challenges H. First, A is more behaviorally plausible than H or E because it is underpinned by the …