Risk Preferences Are Not Time Preferences: Reply

被引：15

作者：

Andreoni, James ^{[1
]}

Sprenger, Charles ^{[1
,2
]}

机构：

[1] Univ Calif San Diego, Dept Econ, La Jolla, CA 92093 USA

[2] Univ Calif San Diego, Rady Sch Management, La Jolla, CA 92093 USA

来源：

AMERICAN ECONOMIC REVIEW | 2015年 / 105卷 / 07期

基金：

美国国家科学基金会;

关键词：

CONSISTENCY; BEHAVIOR;

D O I：

10.1257/aer.20150311

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Can the well-known experimental phenomenon of present-bias in intertemporal choice be confounded with the risks associated with receiving payment? Can measurements of risk preferences be used to represent desires for smoothness in intertemporal payments? In our two 2012 papers in this journal we explored these two questions and found the answer to the first to be yes and the second to be no. We feel the three papers inspired by our work and published here underscore these arguments and point to interesting new possibilities for modeling and measuring risk over time. (JEL C91, D81, D91)

引用

页码：2287 / 2293

页数：7

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