Time discounting for primary and monetary rewards
AbstractThis paper reports a positive and statistically significant relation between short-term discount rates elicited with a monetary and a primary reward (chocolate). This finding suggests that high short-term discount rates are related to an underlying individual trait.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 106 (2010)
Issue (Month): 2 (February)
Contact details of provider:
Web page: http://www.elsevier.com/locate/ecolet
Time preferences Hyperbolic discounting Intertemporal choice;
Other versions of this item:
- D90 - Microeconomics - - Intertemporal Choice - - - General
- D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
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