The tendency to make unhealthy choices is hypothesized to be related to an individual's
temporal discount rate, the theoretical rate at which they devalue delayed rewards …

Impulsividad: una revisión. Se revisan los temas más debatidos en la bibliografía de la
impulsividad, empezando con sus definiciones más comunes. Examinamos la importancia …

We review research that measures time preferences—ie, preferences over intertemporal
trade—offs. We distinguish between studies using financial flows, which we call “money …

Intertemporal tradeoffs play a key role in many personal decisions and policy questions. We
describe models of intertemporal choice, identify empirical regularities in choice, and pose …

Consumers often make decisions about outcomes and events that occur over time. This
research examines consumers' sensitivity to the prospective duration relevant to their …

We present results from the first large-scale international survey on time preference,
conducted in 53 countries. All countries exhibit hyperbolic discounting patterns, ie, the …

We re-evaluate the theory, experimental design and econometrics behind claims that
individuals exhibit non-constant discounting behavior. Theory points to the importance of …

Behavioral economics is the effort to increase the explanatory and predictive power of
economic theory by providing it with more psychologically plausible foundations. Behavioral …

People tend to attach less value to a good if they know a delay will occur before they obtain
it. For example, people value receiving $100 tomorrow more than receiving $100 in 10 …

Several theories of intertemporal choice predict systematic age differences in the rate at
which people discount the future. Different theories, however, predict different patterns: one …