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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w22455 |
来源ID | Working Paper 22455 |
Measuring Time Preferences | |
Jonathan D. Cohen; Keith Marzilli Ericson; David Laibson; John Myles White | |
发表日期 | 2016-08-01 |
出版年 | 2016 |
语种 | 英语 |
摘要 | We review research that measures time preferences—i.e., preferences over intertemporal tradeoffs. We distinguish between studies using financial flows, which we call “money earlier or later” (MEL) decisions and studies that use time-dated consumption/effort. Under different structural models, we show how to translate what MEL experiments directly measure (required rates of return for financial flows) into a discount function over utils. We summarize empirical regularities found in MEL studies and the predictive power of those studies. We explain why MEL choices are driven in part by some factors that are distinct from underlying time preferences. |
主题 | Microeconomics ; Behavioral Economics |
URL | https://www.nber.org/papers/w22455 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/580129 |
推荐引用方式 GB/T 7714 | Jonathan D. Cohen,Keith Marzilli Ericson,David Laibson,et al. Measuring Time Preferences. 2016. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w22455.pdf(616KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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