Time discounting for primary and monetary rewards

Ernesto Reuben; Paola Sapienza; Luigi Zingales

doi:10.1016/j.econlet.2009.10.020

Time discounting for primary and monetary rewards

Ernesto Reuben^*, Paola Sapienza, Luigi Zingales

^*Corresponding author for this work

Finance

Research output: Contribution to journal › Article › peer-review

55 Scopus citations

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 underlying individual trait.

Original language	English (US)
Pages (from-to)	125-127
Number of pages	3
Journal	Economics Letters
Volume	106
Issue number	2
DOIs	https://doi.org/10.1016/j.econlet.2009.10.020
State	Published - Feb 2010

Keywords

Hyperbolic discounting
Intertemporal choice
Time preferences

ASJC Scopus subject areas

Finance
Economics and Econometrics

Access to Document

10.1016/j.econlet.2009.10.020

Cite this

@article{3036ac46163e491b84dec729a9ac2542,

title = "Time discounting for primary and monetary rewards",

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 underlying individual trait.",

keywords = "Hyperbolic discounting, Intertemporal choice, Time preferences",

author = "Ernesto Reuben and Paola Sapienza and Luigi Zingales",

year = "2010",

month = feb,

doi = "10.1016/j.econlet.2009.10.020",

language = "English (US)",

volume = "106",

pages = "125--127",

journal = "Economics Letters",

issn = "0165-1765",

publisher = "Elsevier B.V.",

number = "2",

}

TY - JOUR

T1 - Time discounting for primary and monetary rewards

AU - Reuben, Ernesto

AU - Sapienza, Paola

AU - Zingales, Luigi

PY - 2010/2

Y1 - 2010/2

N2 - 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 underlying individual trait.

AB - 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 underlying individual trait.

KW - Hyperbolic discounting

KW - Intertemporal choice

KW - Time preferences

UR - http://www.scopus.com/inward/record.url?scp=73249125586&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=73249125586&partnerID=8YFLogxK

U2 - 10.1016/j.econlet.2009.10.020

DO - 10.1016/j.econlet.2009.10.020

M3 - Article

AN - SCOPUS:73249125586

SN - 0165-1765

VL - 106

SP - 125

EP - 127

JO - Economics Letters

JF - Economics Letters

IS - 2

ER -

Time discounting for primary and monetary rewards

Abstract

Keywords

ASJC Scopus subject areas

Access to Document

Other files and links

Fingerprint

Cite this