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La valeur psychologique du temps : une synthèse de la littérature

Listed author(s):
  • de La Bruslerie, Hubert

    (Université Paris Dauphine)

  • Pratlong, Florent

    (Université Paris IPRISM Sorbonne)

Registered author(s):

    The Psychological Value of Time : A Survey of the Literature. This article provides an overview of the psychological literature on the value of time. It discusses various determinants of the discount rate and the possibility of hyperbolic discounting. The historical approach helps us to trace the origins of the concept of psychological value of time. This concept is then discussed again within the framework of the prospect theory, considering that perceived utility of the agent alters the structure of their psychological value of time. The analysis of empirical findings and methodologies of identification can demonstrate that individual and psychological motives condition the nature of intertemporal choice. Résumé – Cet article procède à une synthèse de la littérature sur la question de la valeur psychologique du temps. Il discute des différents déterminants du taux d’actualisation et la possibilité d’avoir une fonction d’escompte de type hyperbolique. L’approche historique permet de retracer les origines du concept de valeur psychologique du temps. Ce concept est ensuite rediscuté dans le cadre de la théorie des perspectives, en considérant que l’utilité ressentie de l’agent vient modifier la structure de sa valeur psychologique du temps. L’analyse des résultats empiriques et des méthodologies d’identification permet de mettre en évidence que motifs individuels et psychologiques conditionnent le caractère intertemporel des choix.

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    Article provided by Société Canadienne de Science Economique in its journal L'Actualité Economique.

    Volume (Year): 88 (2012)
    Issue (Month): 3 (Septembre)
    Pages: 361-400

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    Handle: RePEc:ris:actuec:0077
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