Measuring Discounting without Measuring Utility

被引:39
作者
Attema, Arthur E. [1 ]
Bleichrodt, Han [2 ]
Gao, Yu [3 ]
Huang, Zhenxing [4 ]
Wakker, Peter P. [2 ]
机构
[1] Erasmus Univ, Inst Hlth & Policy Management IBMG, POB 1738, NL-3000 DR Rotterdam, Netherlands
[2] Erasmus Univ, Erasmus Sch Econ, POB 1738, NL-3000 DR Rotterdam, Netherlands
[3] Polytech Univ Milan, Dept Management Econ & Ind Engn DIG, Via Lambruschini 4-B, I-20156 Milan, Italy
[4] Shanghai Univ Finance & Econ, Sch Econ, 111 Wuchuan Rd, Shanghai 200433, Peoples R China
关键词
TIME-PREFERENCES; INTERTEMPORAL CHOICE; RISK PREFERENCES; INCONSISTENCY; SEQUENCES; VALUATION; FUTURE; HEALTH;
D O I
10.1257/aer.20150208
中图分类号
F [经济];
学科分类号
02 ;
摘要
We introduce a new method to measure the temporal discounting of money. Unlike preceding methods, our method requires neither knowledge nor measurement of utility. It is easier to implement, clearer to subjects, and requires fewer measurements than existing methods.
引用
收藏
页码:1476 / 1494
页数:19
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