Measuring time preferences

J Cohen, KM Ericson, D Laibson… - Journal of Economic …, 2020 - aeaweb.org
We review research that measures time preferences—ie, preferences over intertemporal
trade—offs. We distinguish between studies using financial flows, which we call “money …

Risk in time: The intertwined nature of risk taking and time discounting

TF Epper, H Fehr-Duda - Journal of the European Economic …, 2024 - academic.oup.com
Standard economic models view risk taking and time discounting as two independent
dimensions of decision making. However, mounting experimental evidence demonstrates …

New methods of modeling and estimating preferences

M Alghalith - Studies in Economics and Finance, 2019 - emerald.com
Purpose This paper aims to quantify preferences without having to have any utility data.
Design/methodology/approach We use duality theory, Taylor's theorem and nonlinear …