منابع مشابه
Procrastination and Impatience
We use a combination of lab and field evidence to study whether highly-impatient individuals are more likely to procrastinate. To measure impatience, we elicit individual discount rates by giving participants choices between smaller-sooner and larger-later rewards. To measure procrastination, we record how fast participants complete three tasks: an online game, their application to the universi...
متن کاملNber Working Paper Series Procrastination and Impatience
There is a large body of literature documenting both a preference for immediacy and a tendency to procrastinate. O'Donoghue and Rabin (1999a,b, 2001) and Choi et al. (2005) model these behaviors as the two faces of the same phenomenon. In this paper, we use a combination of lab, field, and survey evidence to study whether these two types of behavior are indeed linked. To measure immediacy we ha...
متن کاملimpatience and Accumulation
In studying the concept of impatience Koopmans [8] was led to a useful class of preference orderings which generalises the familiar class of additively separable preferences. These aggregator preference orderings (see Definition 2.3) exhibit a richer variety of behaviour for the various concepts of impatience that can be associated with preference orderings among commodity sequences over time a...
متن کاملNarrow Framing and Impatience∗
We hypothesize that the tendency to frame narrowly is related to an individual’s time preference. To test this, we confront a large sample of the Dutch population with a series of incentivized investment decisions and elicit time preferences. We find that the tendency to frame narrowly is not generally related to discount rates. At the same time, we find that it is easier to induce impatient in...
متن کاملRational Impatience?
This paper introduces a life-cycle model where impatience, instead of being driven by an exogenous discount function, results from the combination of risk aversion and mortality risks. Opting for such a formulation provides novel views on the impact of longevity extension on welfare, saving behavior and capital accumulation. In particular, we show that longevity extension may have much larger i...
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ژورنال
عنوان ژورنال: Journal of Behavioral and Experimental Economics
سال: 2015
ISSN: 2214-8043
DOI: 10.1016/j.socec.2015.07.005