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Measuring preferences over temporal profiles✰

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  • Sun, Chen

Abstract

We propose a simple and practical method for measuring intertemporal preferences. The method operates without requiring knowledge of discount or utility functions. Unlike previous parameter-free methods confined to discounted utility models, it accommodates a broad class of preferences. For parametric estimation or revealed preference tests, the method also allows for non-convex or non-separable preferences. Moreover, it is transparently incentive compatible. We demonstrate its application in an experiment, testing behavioral hypotheses from recent non-discounted utility models without fully specifying functional forms.

Suggested Citation

  • Sun, Chen, 2026. "Measuring preferences over temporal profiles✰," Journal of Economic Behavior & Organization, Elsevier, vol. 244(C).
    • Handle: RePEc:eee:jeborg:v:244:y:2026:i:c:s0167268126000284
    DOI: 10.1016/j.jebo.2026.107440
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    JEL classification:

    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making

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