Validating an Ultra-Short Survey Measure of Patience
11 Pages Posted: 27 Oct 2012
Date Written: October 1, 2012
This study presents results of the validation of an ultra-short survey measure of patience included in the German Socio-Economic Panel (SOEP). Survey responses predict intertemporal choice behavior in incentive-compatible decisions in a representative sample of the German adult population.
Keywords: Time Preferences, Discounting, Validation of Survey Measures
JEL Classification: D01, D03, D91, C91
Suggested Citation: Suggested Citation