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The Cost of Being Too Patient

Paola Giuliano and Paola Sapienza ()

AEA Papers and Proceedings, 2020, vol. 110, 314-18

Abstract: We study the cost of being too patient on happiness. We find that the relationship between patience and various measures of subjective well-being is hump-shaped: there exists an optimal amount of patience that maximizes happiness. Beyond this optimal level, higher levels of patience have a negative impact on well-being.

JEL-codes: I31 (search for similar items in EconPapers)
Date: 2020
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Working Paper: The cost of being too patient (2020) Downloads
Working Paper: The Cost of Being Too Patient (2020) Downloads
Working Paper: The cost of being too patient (2020) Downloads
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DOI: 10.1257/pandp.20201070

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