Measuring Discounting without Measuring Utility

Arthur Attema, Han Bleichrodt, Yu Gao, Zhenxing Huang, Peter Wakker

Research output: Contribution to journalArticleAcademicpeer-review

30 Citations (Scopus)
17 Downloads (Pure)

Abstract

We introduce a new method to measure the temporal discounting of money. Unlike preceding methods, our method requires neither knowledge nor measurement of utility. It is easier to implement, clearer to subjects, and requires fewer measurements than existing methods.
Original languageEnglish
Pages (from-to)1476-1494
Number of pages19
JournalThe American Economic Review
Volume106
Issue number6
DOIs
Publication statusPublished - 2016

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