Results 31 to 40 of about 399,823 (153)
Risk Preferences are Not Time Preferences: Comment [PDF]
SSRN Electronic Journal, 2012 Andreoni and Sprenger (in press) report evidence that distinct utility functions govern choices under certainty and risk. I investigate the robustness of their result to the experimental design. I find that the effect disappears completely when a multiple price list is used instead of a convex time budget design.
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Managers’ risk and time preferences in economic behavior: Review from the experiments
Journal of International Economics and Management, 2022 This survey reviews the recent developments in experimental studies on managers’ preferences, with a focus on issues of experimental design. We concentrate our attention on studies that measure risk and time preferences.
Kim Huong Trang, Quang Nguyen
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Preference reversals: Time and again [PDF]
Journal of Risk and Uncertainty, 2016 This paper sheds new light on the preference reversal phenomenon by analyzing decision times in the choice task. In a first experiment, we replicated the standard reversal pattern and found that choices associated with reversals take significantly longer than non-reversals, and non-reversal choices take longer whenever long-shot lotteries are selected.
Alós-Ferrer, Carlos +3 more
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Chronotype, Risk and Time Preferences, and Financial Behaviour
Algorithms, 2018 This paper examines the effect of chronotype on the delinquent credit card payments and stock market participation through preference channels. Using an online survey of 455 individuals who have been working for 3 to 8 years in companies in mainland ...
Di Wang, Frank McGroarty, Eng-Tuck Cheah
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Different domains – Different time preferences? [PDF]
Social Science & Medicine, 2018 The vast majority of studies examining the relation between time preferences and health behavior have applied a measure of preferences in the financial rather than in the health domain. Most studies find a small but significant correlation. If time preferences for health and money are not the same, this can have substantial consequences for the ...
Eskild Klausen Fredslund +2 more
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Time preference, time discounting, and smoking decisions [PDF]
Journal of Health Economics, 2007 This study examines the relationship between time discounting, other sources of time preference, and choices about smoking. Using a survey fielded for our analysis, we elicit rates of time discount from choices in financial and health domains. We also examine the relationship between other determinants of time preference and smoking status.
Ahmed Khwaja, Dan Silverman, Frank Sloan
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How to measure time preferences: An experimental comparison of three methods [PDF]
Judgment and Decision Making, 2013 In two studies, time preferences for financial gains and losses at delays of up to 50 years were elicited using three different methods: matching, fixed-sequence choice titration, and a dynamic ``staircase'' choice method.
David J. Hardisty +3 more
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The impact of agency on time and risk preferences
Nature Communications, 2020 Scholars have long argued for the central role of agency—the size of one’s opportunity set—in the human experience, but there has been little work on how a sense of agency affects behavior.
Ayelet Gneezy +2 more
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Management ScienceMany professional and educational settings require individuals to be willing and able to perform under time pressure. We use a laboratory experiment and survey data to study preferences for working under time pressure. We make three main contributions.
Thomas Buser +2 more
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Risk Preferences Are Not Time Preferences [PDF]
American Economic Review, 2012 Risk and time are intertwined. The present is known while the future is inherently risky. This is problematic when studying time preferences since uncontrolled risk can generate apparently present-biased behavior. We systematically manipulate risk in an intertemporal choice experiment.
Andreoni, James, Sprenger, Charles
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