Is Time Inconsistency Primarily a Male Problem?
Indiana University - Kelley School of Business - Department of Business Economics & Public Policy
Daniel L. Shawhan
Rensselaer Polytechnic Institute; Cornell University
January 29, 2010
We conduct a simple experiment, using real money, that tests whether men and women differ in time consistency. The experiment provides strong evidence of time inconsistency among males, but no evidence of such behavior among females. Furthermore, the difference between males and females is statistically significant. This result could have important implications in marketing and in efforts to improve intertemporal decision-making.
Number of Pages in PDF File: 10
Keywords: Time consistency, Inter-temporal discounting, Gender
JEL Classification: D12, D14, D91, J16
Date posted: July 26, 2007 ; Last revised: May 13, 2014