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Stereotypes in intertemporal choice

  • McLeish, Kendra N.
  • Oxoby, Robert J.

We conduct a laboratory experiment exploring the existence of stereotypes in intertemporal decision-making. Participants were asked to predict intertemporal decisions made by third parties described only by age and gender. We find evidence of significant age and gender stereotyping with respect to intertemporal preferences. Interestingly, gender stereotyping is asymmetric across gender of respondent, with members of each gender viewing themselves as more patient than members of the other gender. We discuss these results in light of evidence of asymmetries in how physicians and other professionals provide recommendations based on a patient's demographic characteristics.

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File URL: http://www.sciencedirect.com/science/article/B6V8F-4V2NNWH-1/2/fc8b2495861cf31a59f38daa28039a2e
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Article provided by Elsevier in its journal Journal of Economic Behavior & Organization.

Volume (Year): 70 (2009)
Issue (Month): 1-2 (May)
Pages: 135-141

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Handle: RePEc:eee:jeborg:v:70:y:2009:i:1-2:p:135-141
Contact details of provider: Web page: http://www.elsevier.com/locate/jebo

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  1. Ted O'Donoghue & Matthew Rabin, 2001. "Risky Behavior among Youths: Some Issues from Behavioral Economics," NBER Chapters, in: Risky Behavior among Youths: An Economic Analysis, pages 29-68 National Bureau of Economic Research, Inc.
  2. McLeish, Kendra N. & Oxoby, Robert J., 2007. "Gender, Affect and Intertemporal Consistency: An Experimental Approach," IZA Discussion Papers 2663, Institute for the Study of Labor (IZA).
  3. Urs Fischbacher, 2007. "z-Tree: Zurich toolbox for ready-made economic experiments," Experimental Economics, Springer, vol. 10(2), pages 171-178, June.
  4. Catherine C. Eckel & Philip J. Grossman, 2002. "Sex Differences and Statistical Stereotyping in Attitudes Toward Financial Risk," Monash Economics Working Papers archive-03, Monash University, Department of Economics.
  5. Eckel, Catherine C & Grossman, Philip J, 2001. "Chivalry and Solidarity in Ultimatum Games," Economic Inquiry, Western Economic Association International, vol. 39(2), pages 171-88, April.
  6. Matthew Rabin, 1998. "Psychology and Economics," Journal of Economic Literature, American Economic Association, vol. 36(1), pages 11-46, March.
  7. Maribeth Coller & Melonie Williams, 1999. "Eliciting Individual Discount Rates," Experimental Economics, Springer, vol. 2(2), pages 107-127, December.
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