Results 1 to 10 of about 632,036 (253)
Time Matters: Time Perspectives Predict Intertemporal Prosocial Preferences
Behavioral Sciences, 2023 The study utilizes the Chinese version of the Zimbardo Time Perspective Inventory (ZTPI-C) and a novelty intertemporal prosocial discounting paradigm to explore the preferences of individuals with the Present Impulsive Time Perspective (PITP) and the ...
Teng Lu, Dapeng Liang, Mei Hong
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Asset returns and intertemporal preferences [PDF]
Journal of Monetary Economics, 1991 Abstract A representative-agent model with time-varying moments of consumption growth is used to analyze implications about means and volatilities of asset returns as well as the predictability of asset returns for various investment horizons. A comparative-statics analysis using nonexpectedutility preferences indicates that, although risk aversion ...
Kandel, Shmuel, Stambaugh, Robert F
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Intertemporal Preferences and Labor Supply [PDF]
Econometrica, 1988 In this paper, the authors examine whether nonseparable preference structures ar e important in characterizing life-cycle labor supply. Using longitud inal data on prime-age males from the Panel Study of Income Dynamics, they estimate a model of life-cycle leisure and consumption under un certainty in which intertemporal preferences are allowed to be ...
Hotz, V Joseph +2 more
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Adaptive intertemporal preferences in foraging-style environments [PDF]
Frontiers in Neuroscience, 2013 Decision makers often face choices between smaller more immediate rewards and larger more delayed rewards. For example, when foraging for food, animals must choose between actions that have varying costs (e.g., effort, duration, energy expenditure) and ...
Michael T. Bixter, Christian C Luhmann
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Earthquakes and Intertemporal Preferences: A Field Study in Italy
B E Journal of Economic Analysis and PolicyAbstract In this paper, we report data drawn from a field study in an Italian region (Campania), where a disastrous earthquake took place in 1980. We rely on subjects’ responses to a questionnaire and on experimental measures. We compare the time preferences in two different samples, the first one constituted by subjects who directly ...
Annamaria Nese, Giuseppe Attanasi
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Sense of control matters: A long spatial distance leads to a short-term investment preference [PDF]
Judgment and Decision Making, 2019 Increasingly, we can invest in projects that are distributed around the world through online investment platforms. Will the spatial distance between these projects and ourselves affect our investment preferences?
Miao He +3 more
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Revisiting the diagnosis of intertemporal preference reversals [PDF]
Journal of Risk and Uncertainty, 2022 AbstractIntertemporal preference reversals occur when individuals choose future option A over future option B in a direct choice between the two but place a higher ‘immediate cash’ value on B than on A. Tversky et al. (1990) reported strong evidence of such reversals, which they attributed mainly to valuation biases rather than intransitivity.
Li, Zhihua, Loomes, Graham
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Visual attention and time preference reversals [PDF]
Judgment and Decision Making, 2021 Time preference reversal refers to systematic inconsistencies between preferences and bids for intertemporal options. From the two eye-tracking studies (N1 = 60, N2 = 110), we examined the underlying mechanisms of time preference reversal.
Yan-Bang Zhou, Qiang Li, Hong-Zhi Liu
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Monkeys are more patient in a foraging task than in a standard intertemporal choice task. [PDF]
PLoS ONE, 2015 Studies of animal impulsivity generally find steep subjective devaluation, or discounting, of delayed rewards - often on the order of a 50% reduction in value in a few seconds. Because such steep discounting is highly disfavored in evolutionary models of
Tommy C Blanchard, Benjamin Y Hayden
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Inference and preference in intertemporal choice [PDF]
Judgment and Decision Making, 2021 AbstractWhen choosing between immediate and future rewards, how do people deal with uncertainty about the value of the future outcome or the delay until its occurrence? Skylark et al. (2020) suggested that people employ a delay-reward heuristic: the inferred value of an ambiguous future reward is a function of the stated delay, and vice-versa.
William J. Skylark +2 more
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