Measuring Discounting without Measuring Utility
Zhenxing Huang and
American Economic Review, 2016, vol. 106, issue 6, 1476-94
We introduce a new method to measure the temporal discounting of money. Unlike preceding methods, our method requires neither knowledge nor measurement of utility. It is easier to implement, clearer to subjects, and requires fewer measurements than existing methods.
JEL-codes: C91 D11 D12 D91 (search for similar items in EconPapers)
Note: DOI: 10.1257/aer.20150208
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
https://www.aeaweb.org/articles/attachments?retrie ... 5ajjNPYRkrjvV0uhlUc6 (application/pdf)
https://www.aeaweb.org/articles/attachments?retrie ... jNaYlK2qDncfHF4ERsBJ (application/zip)
https://www.aeaweb.org/articles/attachments?retrie ... 80RJZdEfJnElRR-AjdYL (application/zip)
Access to full text is restricted to AEA members and institutional subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:aea:aecrev:v:106:y:2016:i:6:p:1476-94
Ordering information: This journal article can be ordered from
Access Statistics for this article
American Economic Review is currently edited by Pinelopi Koujianou Goldberg
More articles in American Economic Review from American Economic Association Contact information at EDIRC.
Series data maintained by Jane Voros ().