The effect of language on economic behavior: Examining the causal link between future tense and time preference in the lab

B-Tier
Journal: European Economic Review
Year: 2019
Volume: 120
Issue: C

Authors (3)

Chen, Josie I. (not in RePEc) He, Tai-Sen (not in RePEc) Riyanto, Yohanes E. (Nanyang Technological Universi...)

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Since Chen (2013), a fast-growing body of literature has documented abundant supporting evidence for the linguistic-savings hypothesis. Despite this influx of research, direct causal evidence is limited. In this study, we take advantage of a unique linguistic feature of the Chinese language: speakers can freely choose whether or not to use the future tense when referring to a future event. This flexibility allows us to unobtrusively manipulate the use of “will” in the description of the rewards in a standard time preference task to cleanly examine its effect on intertemporal decisions. However, our results do not lend further empirical support for the linguistic-savings hypothesis.

Technical Details

RePEc Handle
repec:eee:eecrev:v:120:y:2019:i:c:s001429211930159x
Journal Field
General
Author Count
3
Added to Database
2026-01-29