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Time Preference

1996
Abstract There is broad agreement that, in cost-effectiveness analyses, all future costs and health consequences should be stated in terms of their “present value” to the decision maker. Only then will the interventions’ cost-effectiveness ratios be appropriately adjusted for the differential timing of costs and consequences so that ...
J Lipscomb, M C Weinstein, G W Torrance
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Time and Preferences

2018
OK, today I have just received as a gift something I always dreamed about, but given its cost, I never resolved to buy: a white truffle. I like it a lot, especially grated over Piedmont tagliolini (sort of egg-rich fresh pasta thinner than fettuccine). And I know that I have to eat it within a week. So, when will I eat my truffle? Tonight?
Fabrizio Ghisellini, Beryl Y. Chang
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Risk Preferences Are Not Time Preferences: Separating Risk and Time Preference: Comment

American Economic Review, 2015
Andreoni and Sprenger (2012a,b) observe that utility functions are distinct for risk and time preferences, and show that their findings are consistent with a preference for certainty. We revisit this question in an enriched experimental setting in which subjects make intertemporal decisions under different risk conditions.
Bin Miao, Songfa Zhong
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Separating Risk Preference and Time Preference

SSRN Electronic Journal, 2012
In the studies of decision making under risk and time, an increasingly important question is whether the utility representations should be the same for both circumstances. This study aims to test the separation between risk preference and time preference in a controlled laboratory setting, where subjects make intertemporal allocation decisions under ...
Bin Miao, Songfa Zhong
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Of Time and Preference: Temporal Stability of Environmental Preferences

Perceptual and Motor Skills, 1997
Time is a central issue in discussions about art and in Berlyne's aesthetic theory. This article reports on the temporal stabilities of preferences for a novel and controversial building at three times after construction (2 years, 18 years, 23 years), and public preferences for 20 ordinary and noncontroversial buildings at three times over nine years ...
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Time Preference and Time Consistency:

German Journal of Agricultural Economics, 2001
On the Rationality of Sequential ChoiceThe paper discusses the problem of discounting, time preference, and time consistent decision making. While a constant pure rate of time preference leads to consistent consumption plans, other discounting schemes - like hyperbolic discounting - do not.
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Time Preference

International Economic Review, 1982
Fishburn, Peter C, Rubinstein, Ariel
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Physical activity and time preference

International Journal of Health Economics and Management, 2015
This paper investigates the link between time preference (whether a person is more present or future oriented) and time spent participating in physical activity. Using data on time spent engaged in physical activity from the National Longitudinal Surveys of Youth 1979 cohort, 2006 wave, where time preference is proxied by the expected share of money ...
openaire   +2 more sources

On the benefits of time-inconsistent preferences

Journal of Economic Behavior & Organization, 2019
Why are time-inconsistent preferences widespread among decision makers? This paper provides a possible explanation by showing that time-inconsistent preferences could be beneficial for decision makers that work together. Time-inconsistent preferences – which are usually blamed for having detrimental effects – can thus be advantageous for the ...
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Adolescent time and risk preferences: Measurement, determinants and field consequences

Journal of Economic Behavior and Organization, 2021
Ashlesha Datar   +2 more
exaly  

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