, and time horizons at two time periods starting either at different points in time or at the same point. We find that the … elicitation design combined with (1) a titration, (2) asking subjects on amount, and (3) time horizons starting at different … points in time predicts behavior well. Finally, we discuss the implications in the domain of savings and debt …

rates in experimental data. To do so, it introduces a novel design to elicit time preference building upon a translation of … the Holt and Laury method for risk. The results demonstrate that utility elicited directly from choice over time is …

behaviors within three dimensions: under risk, over time and regarding other people. A new perspective on two underlying …

We propose a simple method for eliciting individual time preferences without estimating utility functions even in … settings where background consumption changes over time. It relies on lottery tickets with high rewards. In a standard …

We propose a simple method for eliciting individual time preferences without estimating utility functions even in … settings where background consumption changes over time. It relies on lottery tickets with high rewards. In a standard …

discounting. Additionally, waiting periods have larger effects on those shown to be particularly prone to myopia as a result of …

We study preferences over lotteries that pay a specific prize at uncertain future dates: time lotteries. The standard … model of time preferences, Expected Discounted Utility (EDU), implies that individuals must be risk seeking in this case. As … risk averse over time lotteries (RATL). We then make two theoretical contributions. First, we show that RATL can be …

We study preferences over lotteries that pay a speci fic prize at uncertain future dates: time lotteries. The standard … model of time preferences, Expected Discounted Utility (EDU), implies that individuals must be risk seeking in this case. As … risk averse over time lotteries (RATL). We then make two theoretical contributions. First, we show that RATL can be …

can be non-parametrically identified with contracts that specify payments that take place at various points in time in the … market. Even though we allow for a general-hyperbolic specification (which has exponential discounting as a special case … specification) of 8 %. -- present bias ; hyperbolic discounting ; discount rate ; hedonic estimation …