Risk Preferences Are Not Time Preferences: Reply

S-Tier
Journal: American Economic Review
Year: 2015
Volume: 105
Issue: 7
Pages: 2287-93

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

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

Abstract

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)

Technical Details

RePEc Handle
repec:aea:aecrev:v:105:y:2015:i:7:p:2287-93
Journal Field
General
Author Count
2
Added to Database
2026-01-24