Is Time Inconsistency Primarily a Male Problem?
10 Pages Posted: 26 Jul 2007 Last revised: 13 May 2014
Date Written: 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.
Keywords: Time consistency, Inter-temporal discounting, Gender
JEL Classification: D12, D14, D91, J16
Suggested Citation: Suggested Citation