| 000 -LEADER |
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| fixed length control field |
01134nam a22001577a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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| fixed length control field |
210125b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
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| Personal name |
Cohen, Jonathan. et al. |
| 245 ## - TITLE STATEMENT |
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| Title |
Measuring time preferences |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
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| Place of publication, distribution, etc |
Journal of Economic Literature |
| 300 ## - PHYSICAL DESCRIPTION |
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| Extent |
58(2), Jun, 2020: p.299-347 |
| 520 ## - SUMMARY, ETC. |
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| Summary, etc |
We review research that measures time preferences—i.e., preferences over intertemporal trade-offs. We distinguish between studies using financial flows, which we call "money earlier or later" (MEL) decisions, and studies that use time-dated consumption/effort. Under different structural models, we show how to translate what MEL experiments directly measure (required rates of return for financial flows) into a discount function over utils. We summarize empirical regularities found in MEL studies and the predictive power of those studies. We explain why MEL choices are driven in part by some factors that are distinct from underlying time preferences. – Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Dynamic analysis |
| 9 (RLIN) |
23702 |
| 773 ## - HOST ITEM ENTRY |
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| Main entry heading |
Journal of Economic Literature |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
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| Subject DIP |
OPTIMIZATION TECHNIQUES |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
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| Item type |
Articles |
