How long is a minute?

被引：8

作者：

Brocas, Isabelle ^{[1
,2
,3
]}

Carrillo, Juan D. ^{[1
,2
,3
]}

Tarraso, Jorge ^{[4
]}

机构：

[1] Univ Southern Calif, Los Angeles, CA 90089 USA

[2] CEPR, Washington, DC USA

[3] CEPR, London, England

[4] Minerva Univ, San Francisco, CA USA

来源：

GAMES AND ECONOMIC BEHAVIOR | 2018年 / 111卷

基金：

美国国家科学基金会;

关键词：

Laboratory experiments; Time perception; Time discounting; Time estimation; RETROSPECTIVE DURATION JUDGMENTS; TIME-PERCEPTION; INTERTEMPORAL CHOICE; DECISION-MAKING; INDIVIDUAL-DIFFERENCES; SUBJECTIVE VALUE; AGE-DIFFERENCES; PREFERENCES; BEHAVIOR; VALUATION;

D O I：

10.1016/j.geb.2018.06.007

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Psychophysics studies suggest that our perception of time is different from the objective passage of time. Economics research emphasizes that the value of a reward depends on the delay involved. In this paper, we combine both strands and estimate time perception and time discounting functions at the individual level in an incentivized controlled laboratory environment. We find a negative and statistically significant correlation between time perception and time discounting: subjects who overestimate objective time intervals are less willing to delay gratification. The result suggests that our ability to delay consumption is related to our mental representation of time delays. (C) 2018 Elsevier Inc. All rights reserved.

引用

页码：305 / 322

页数：18

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