Time preferences and risk aversion: Tests on domain differences
, 2016 Understanding how individuals discount and evaluate the risks of environmental outcomes is a prime component in designing effective environmental policy.
Christos A. Ioannou, Jana Sadeh
semanticscholar +1 more source
Dynamic Variational Preferences [PDF]
We introduce and axiomatize dynamic variational preferences, the dynamic version of the variational preferences we axiomatized in [21], which generalize the multiple priors preferences of Gilboa and Schmeidler [9], and include the Multiplier Preferences ...
Aldo Rustichini +2 more
core
Impatience, Anticipatory Feelings and Uncertainty: A Dynamic Experiment on Time Preferences [PDF]
We study time preferences in a real-effort experiment with a one-month horizon. We report that two thirds of choices suggest negative time preferences. Moreover, choice reversal over time is common even if temptation plays no role. We propose and measure
Davide Dragone, Marco Casari
core
Can subjective mortality expectations and stated preferences explain varying consumption and saving behaviors among the elderly? [PDF]
This study investigates how subjective mortality expectations and heterogeneity in time and risk preferences affect the consumption and saving behavior of the elderly.
Martin Salm
core
Heterogeneity in place effects on health: The case of time preferences and adolescent obesity. [PDF]
Econ Hum Biol, 2023 Datar A, Nicosia N, Samek A.
europepmc +1 more source
THE EARLY CHILDHOOD DETERMINANTS OF TIME PREFERENCES [PDF]
Research on time preference formation and socioeconomic differences in discounting has received little attention to date. This article examines the extent to which early childhood differences emerge in measures of hyperactivity, impulsivity and ...
Liam Delaney, Orla Doyle
core
Consider an individual whose preferences are changing over time. How do we assess her welfare? We argue that this is an empirically relevant question as preferences are constantly changing over time if the agent has a bias towards the present. We present
Ahmed Anwar
core
Nashbots: How Political Scientists have Underestimated Human Rationality, and How to Fix It [PDF]
, 2016 Political scientists use experiments to test the predictions of game-theoretic models. In a typical experiment, each subject makes choices that determine her own earnings and the earnings of other subjects, with payments corresponding to the utility ...
Enemark, Daniel +2 more
core +1 more source
Collective Investment Decision Making with Heterogeneous Time Preferences [PDF]
We examine the investment decision problem of a group whose members have heterogeneous time preferences. In particular, they have different discount factors for utility, possibly not exponential. We characterize the properties of efficient allocations of
Gollier, Christian, Zeckhauser, Richard
core +3 more sources
Revealed Preferences for Utilitarian Cycling Energy Expenditure versus Travel Time
FindingsThis paper quantifies the perceived cost of utilitarian cycling energy expenditure as the marginal rate of substitution between energy expenditure and travel time (MRS~et~).
Elmira Berjisian, Alexander Bigazzi
doaj +1 more source