Cross-period impatience: Subjective financial periods explain time-inconsistent choices
Inconsistency in consumer time preferences has been well established and used to explain seemingly short-sighted behaviors (e.g., failures of self-control). However, prior research has conflated time-inconsistent preferences (discount rates that vary over time) with present bias (greater discounting...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2023
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| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/7608 https://ink.library.smu.edu.sg/context/lkcsb_research/article/8607/viewcontent/CrossPeriodImpatience_av.pdf |
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| Institution: | Singapore Management University |
| Language: | English |