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Bocqueho, G., Jacquet, F., & Reynaud, A. (2013). Reversal and magnitude effects in long-term time preferences: Results from a field experiment. Economics Letters 120 (1) 108-111. 10.1016/j.econlet.2013.04.006.
Full text not available from this repository.Abstract
We use a multiple price list approach with real payments to elicit long-term time preferences on a sample of French farmers. Elicited individual discount rates vary with the time delay, which supports the existence of a reversal effect in long-term time preferences, and increase with rewards, which contradicts the usual magnitude effect finding.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Time preferences; Experimental economics; Discounting; Farmers; France |
| Research Programs: | Ecosystems Services and Management (ESM) |
| Bibliographic Reference: | Economics Letters; 120(1):108-111 (July 2013) |
| Depositing User: | IIASA Import |
| Date Deposited: | 15 Jan 2016 08:48 |
| Last Modified: | 27 Aug 2021 17:39 |
| URI: | https://pure.iiasa.ac.at/10400 |
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