Time preferences in decisions for others
Holger A. Rau
Economics Letters, 2021, vol. 200, issue C
Abstract:
This paper analyzes in a within-subjects experiment time preferences when people decide for themselves and on behalf of others. The data show that subjects become more impatient when making decisions, which affect the payoff of others. Regression analyses reveal a positive correlation between altruistic behavior and impatience in decisions for others.
Keywords: Decisions for others; Experiment; Time preferences (search for similar items in EconPapers)
JEL-codes: C91 D14 D15 D81 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:200:y:2021:i:c:s0165176521000434
DOI: 10.1016/j.econlet.2021.109766
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