Meta-Analysis of Present-Bias Estimation using Convex Time Budgets

A-Tier
Journal: Economic Journal
Year: 2021
Volume: 131
Issue: 636
Pages: 1788-1814

Authors (3)

Taisuke Imai (not in RePEc) Tom A Rutter (not in RePEc) Colin F Camerer (California Institute of Techno...)

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

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

Abstract

We examine 220 estimates of the present-bias parameter from 28 articles using the Convex Time Budget protocol. The literature shows that people are on average present-biased, but estimates exhibit substantial heterogeneity across studies. There is evidence of modest selective reporting in the direction of over-reporting present bias. The primary source of heterogeneity is the type of reward, either monetary or non-monetary, but this effect is weakened after correcting for selective reporting. In studies using monetary rewards, the delay until the issue of the reward associated with the ‘current’ time period influences estimates of the present-bias parameter.

Technical Details

RePEc Handle
repec:oup:econjl:v:131:y:2021:i:636:p:1788-1814.
Journal Field
General
Author Count
3
Added to Database
2026-01-25