JUST VENMO ME: Does form of payment affect risk taking and intertemporal choice?

Jessica Hoel, Prachi Jain and Bridget Galaty
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Bridget Galaty: University of Chicago

Journal of the Economic Science Association, 2022, vol. 8, issue 1, No 2, 16-33

Abstract: Abstract We use an experiment to examine whether form of payment (cash or mobile money) affects estimates of intertemporal choice and risk taking. We find that form of payment does not affect temporal discounting and risk taking. Given that participants prefer payment via mobile money, the results suggest that there are minimal concerns with using mobile money to pay participants in experimental studies.

Keywords: Risk taking; Temporal discounting; Mobile money; Form of payment (search for similar items in EconPapers)
JEL-codes: C91 (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1007/s40881-022-00116-0

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