Reversal and magnitude effects in long-term time preferences: Results from a field experiment

C-Tier
Journal: Economics Letters
Year: 2013
Volume: 120
Issue: 1
Pages: 108-111

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

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

Abstract

We use a multiple price list approach with real payments to elicit long-term time preferences on a sample of French farmers. Elicited individual discount rates vary with the time delay, which supports the existence of a reversal effect in long-term time preferences, and increase with rewards, which contradicts the usual magnitude effect finding.

Technical Details

RePEc Handle
repec:eee:ecolet:v:120:y:2013:i:1:p:108-111
Journal Field
General
Author Count
3
Added to Database
2026-01-24