Ernesto Reuben

Time Discounting for Primary and Monetary Rewards

Coauthor(s): Paola Sapienza, Luigi Zingales.

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Abstract:

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.

The final version of this article can be found at http://dx.doi.org/10.1016/j.econlet.2009.10.020

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