Arbeitspapier
Recent Developments in the Experimental Elicitation of Time Preference
This methodological survey reviews recent developments in the design of experiments to elicit individuals' time preferences, with a focus on the measurement or control for potentially non-linear utility. While the objective of a time preference experiment is usually to estimate parameters of a discount function, assumptions concerning the nature of utility may have an important influence upon these estimates. The survey classifies experiment designs on two dimensions: whether they assume an equivalence between utility under risk and over time, and whether they result in an estimate of the curvature of utility.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 9898
- Klassifikation
-
Wirtschaft
Design of Experiments: Laboratory, Individual
Micro-Based Behavioral Economics: General‡
- Thema
-
instantaneous utility
discounted utility
time preference
choice list
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Cheung, Stephen L.
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2016
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Cheung, Stephen L.
- Institute for the Study of Labor (IZA)
Entstanden
- 2016
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