Repositorio
Intertemporal choice experiments and large-stakes behavior
Título
Intertemporal choice experiments and large-stakes behavior
Código de publicación
- AD-00090
Autores/as
- D. Aycinena, S. Blazsek, L. Rentschler, C. Sprenger
Clave
- Artículo de investigación
Colaboradores/as
Claves o descriptores
Descripción
- Intertemporal choice experiments are increasingly implemented to make inference about discounting and marginal utility, yet little is known about the predictive power of resulting measures. This project links standard experimental choices to a consumption smoothing decision with large stakes — around 10% of annual income. In a sample of around 400 Guatemalan Conditional Cash Transfer recipients, we find that preferences over largestakes payment plans are significantly correlated with experimental measures of patience and diminishing marginal utility. These represent the first findings in the literature on the predictive content of such experimentally elicited measures for a large-stakes decision.
Localización
Revista | libro
- Journal of Economic Behavior & Organization, 196, 484–500.
Idioma
- Inglés
Editor
- Elsevier
Año de publicación
- 2022
Formato
Identificador (ISBN/ISSN)
- 0167-2681
DOI o URI/URL
- https://doi.org/10.1016/j.jebo.2022.02.011
Derechos
- Restringidos
Fichero
- Disponible