Document Type
Article
Publication Date
5-1-2011
Abstract
The most popular experimental method for eliciting time preferences involves subjects making choices over smaller, sooner amounts of money and larger, later amounts of money. Under some theoretically possible configurations of preferences and procedures, the discount rates inferred from these choices could lead to misleading inferences about time preferences for consumption. Using a direct empirical test, we show that those configurations of preferences are empirically implausible
Recommended Citation
Harrison, Glenn and Swarthout, Todd, "Can Intertemporal Choice Experiments Elicit Time
Preferences for Consumption? Yes" (2011). ExCEN Working Papers. 74.
https://scholarworks.gsu.edu/excen_workingpapers/74
COinS
Comments
To learn more about the Andrew Young School of Policy Studies and ExCEN Working Papers Series, visit https://aysps.gsu.edu/ and http://excen.gsu.edu/center/.