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 …

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 …

Quasi-hyperbolic discounting is one of the most well-known and widely-used models to capture self-control problems in … discounting for the length of delay). We report a meta-analytic dataset of estimates of the present bias parameter β based on …

We study whether and how time preferences change over the life cycle, exploiting representative long-term panel data …, substituting period effects with period specific determinants of time preferences. We find that discount rates linearly decrease … importance of this finding by demonstrating that a canonical life-cycle model with decreasing discounting significantly improves …

We study whether and how time preferences change over the life cycle, exploiting representative long-term panel data … models, where we substitute period effects with determinants of time preferences that depend on calendar years. We find that …

Using a unique field experiment from Canada, we estimate individual preference over risk and time and show considerable …, quasi-hyperbolic discounting as well as subjective failure probability over future payments. We investigate the prediction …

interpreted as implying that substance abusers are more impulsive than non-abusers; and (ii) discounting increases most sharply … with time when delays are brief, and then increases more slowly as delays grow longer, in a pattern called “hyperbolic …” that is at odds with exponential discounting. In a sample of 157 college students we implement a new delay discounting task …

(SHARE), we elicit individual time preferences using competing discounting specifications. With the formulation that best … fits our data, we examine which individual characteristics drive the estimated heterogeneity in later life time preferences … patience. Our analysis also provides methodological guidance for instrument design with the aim of eliciting time preferences …

effects, these results can be solely attributed to present-biased discounting under the pay-later scheme. These results imply …

effects, these results can be solely attributed to present-biased discounting under the pay-later scheme. These results imply …