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The model of time-inconsistent procrastination by O'Donoughe and Rabin shows that individuals who are not aware of …-biased (time-consistent). This paper tests this prediction. We classify participants into types using a novel measure, and require …
Persistent link: https://www.econbiz.de/10012956187
We present results from a laboratory study of loss aversion in the context of intertemporal choice. We investigate whether the provision of (windfall) endowments results in different elicited discount rates relative to subjects who earn income or earn and retain the income for a period before...
Persistent link: https://www.econbiz.de/10013145193
The model of time-inconsistent procrastination by O'Donoughe and Rabin shows that individuals who are not aware of …-biased (time-consistent). This paper tests this prediction. We classify participants into types using a novel measure, and require …
Persistent link: https://www.econbiz.de/10011648423
We study time preferences by means of a longitudinal lab experiment involving both monetary and non-monetary rewards … that most people prefer to anticipate monetary rewards (positive time preferences for money), but they delay non …-monetary rewards (negative time preferences for leisure). These results cannot be explained by personal timetables and heterogeneous …
Persistent link: https://www.econbiz.de/10012596211
longitudinal experiment over four weeks, individuals have to complete a cumbersome task of unknown length. They are exposed to … (motivated procrastination) turns out to be robust to accounting for decision-makers' time preferences and emotional responses …
Persistent link: https://www.econbiz.de/10014487122
Procrastination is often attributed to time-inconsistent preferences but may also arise when individuals derive … for this notion of ‘motivated procrastination’. In a longitudinal experiment over four weeks, individuals must complete a …
Persistent link: https://www.econbiz.de/10014517966
Previous research consistently identified differences in time preferences between effort and monetary decisions … pleasurable or unpleasurable experiences-remained undefined. In response, we devised a novel two-stage experiment employing a 2 …
Persistent link: https://www.econbiz.de/10014530262
. We study in an experiment with 336 kindergarten children, aged three to six years, whether intertemporal choice behavior …
Persistent link: https://www.econbiz.de/10011317627
Persistent link: https://www.econbiz.de/10011576682
by this finding, I conduct an intertemporal donation experiment to closely investigate this moderation effect. I design … an experiment that mimics a telephone fundraiser and vary both the timing of the donation (immediate vs. delayed) and the … frequency of interaction (one-shot vs. repeated interaction). The results reveal that both under repeated and one-time …
Persistent link: https://www.econbiz.de/10013332362