Economics Letters, Vol. 106, No. 2, pp. 125-127, 2009
9 Pages Posted: 31 Oct 2011
Date Written: 2010
This paper reports a positive and statistically significant relation between short-term discount rates elicited with a monetary and a primary reward (chocolate). This finding suggests that high short-term discount rates are related to an underling individual trait.
Keywords: time preferences, hyperbolic discounting, intertemporal choice
JEL Classification: C91, D90, D01
Suggested Citation: Suggested Citation
Reuben, Ernesto and Sapienza, Paola and Zingales, Luigi, Time Discounting for Primary and Monetary Rewards (2010). Economics Letters, Vol. 106, No. 2, pp. 125-127, 2009. Available at SSRN: https://ssrn.com/abstract=1951648