Be patient when measuring hyperbolic discounting: Stationarity, time consistency and time invariance in a field experiment

Hyperbolic discounting is one potential reason why savings remain low among the poor. Most evidence of hyperbolic discounting is based on violations of either stationarity or time consistency. Stationarity is violated when intertemporal choices differ for trade-offs in the near versus the more dista...

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Detalles Bibliográficos
Autores principales: Janssens, Wendy, Kramer, Berber, Swart, Lisette
Formato: Journal Article
Lenguaje:Inglés
Publicado: Elsevier 2017
Materias:
Acceso en línea:https://hdl.handle.net/10568/146385

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