Do people plan ahead?
AbstractA crucial basic assumption of economic theories of dynamic behaviour is that people plan ahead. This paper reports on an extremely simple experimental test of this fundamental principle. Indeed the experiment is so simple and so straightforward that it is difficult to believe that anyone would not plan ahead. However subjects are found who do not. What are they doing?
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics Letters.
Volume (Year): 10 (2003)
Issue (Month): 5 (April)
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Web page: http://www.tandfonline.com/RAEL20
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- Hey, John D. & Knoll, Julia A., 2007.
"How far ahead do people plan?,"
Elsevier, vol. 96(1), pages 8-13, July.
- John Bone & John Hey & John Suckling, 2009.
"Do people plan?,"
Springer, vol. 12(1), pages 12-25, March.
- Anna Conte & M. Vittoria Levati, 2011.
"Use of data on planned contributions and stated beliefs in the measurement of social preferences,"
Jena Economic Research Papers
2011-039, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics.
- Anna Conte & M. Levati, 2014. "Use of data on planned contributions and stated beliefs in the measurement of social preferences," Theory and Decision, Springer, vol. 76(2), pages 201-223, February.
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