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Bias in Wages and Time Preferences (An Application of Behavioral Economics) [PDF]
The main goal of this article is an applied investigation of one of the types of biases caused by overconfidence, under the heading of bias in expected relative wage (or individual overplacement) and its relationship with time preferences (in the form of
Mohaddeseh Pouralimardan +1 more
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Time-Inconsistent Bargaining and Cross-Commitments
The paper studies bargaining games involving players with present-biased preferences. The paper shows that the relative timing of bargaining rewards and bargaining costs will determine whether the players’ present-bias will affect bargaining outcomes. In
Manuel A. Utset
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The Factors Associated with Risk and Time Preferences: Evidence from Australian Data
Risk and time preferences are crucial to economic growth because they can influence people's decisions about saving and investing. These preferences may partially explain inequality, the reason why the poor will always be poor.
Angelita Titis Pertiwi
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Farmers’ contract breach behavior is cited as one of the major stumbling blocks in the sustainable expansion of contract farming in many developing countries. This paper examines farmers’ contract breach decisions from the perspective of time preferences.
Jing HOU +3 more
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Time Matters: Time Perspectives Predict Intertemporal Prosocial Preferences
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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Time preferences are central to human decision making; therefore, a thorough understanding of their international differences is highly relevant. Previous measurements, however, vary widely in their methodology, from questions answered on the Likert scale to lottery-type questions.
Hens, Thorsten +2 more
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Time preferences and fertility: Evidence from Italy
Background: Fertility decisions, as all life actions, imply a balancing of anticipated costs and benefits whose expectations are formed under uncertainty.
Daniela Bellani +2 more
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On negative time preferences [PDF]
Survey data show that subjects positively discount both gains and losses but discount gains more heavily than losses. This holds for monetary and non-monetary outcomes.
CASARI, MARCO, DRAGONE, DAVIDE
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What Time-Travel Teaches Us about Future-Bias
Future-biased individuals systematically prefer positively valenced events to be in the future (positive future-bias) and negatively valenced events to be in the past (negative future-bias).
Kristie Miller
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Back or to the future? Preferences of time travelers [PDF]
Popular culture reflects whatever piques our imagination. Think of the myriad movies and books that take viewers and readers on an imaginary journey to the past or the future (e.g., Gladiator, The Time Machine).
Florence Ettlin, Ralph Hertwig
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