Results 291 to 300 of about 21,021,490 (340)
Some of the next articles are maybe not open access.
Risk aversion, time preferences, and out-migration. Experimental evidence from Ghana and Indonesia
Journal of Economic Behavior and Organization, 2018It has long been hypothesized that migrants and non-migrants differ in their individual risk and time preferences. Due to a lack of reliable data on migrants’ preferences, empirical evidence, however, is scarce.
Carina Goldbach, A. Schlüter
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Separating Risk Preference and Time Preference
SSRN Electronic Journal, 2012In 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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Risk Preferences Are Not Time Preferences: Separating Risk and Time Preference: Comment
American Economic Review, 2015Andreoni 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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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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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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Psychological time and intertemporal preference
Current Opinion in Psychology, 2019Many decisions people make involve intertemporal tradeoffs between current and future costs and benefits. Because outcomes in such decisions are separated by time (i.e., delay), the perception of time should play an important role. Traditionally, researchers have treated time as objective information (i.e., calendar time) and examined the effect of ...
B Kyu, Kim, Gal, Zauberman
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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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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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Of Time and Preference: Temporal Stability of Environmental Preferences
Perceptual and Motor Skills, 1997Time 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, 2001On 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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