EXPERIMENTAL MEASUREMENT OF DISCOUNT RATES IN RURAL INDIA

John Pender ()

No 270885, 1990 Annual meeting, August 5-8, Vancouver, Canada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Discount rates of individuals in south India were measured using experimental games with significant rewards. Increasing the time frame or magnitude of rewards reduced discount rates, consistent with previous studies using hypothetical questions. The discounted utility model of intertemporal preferences is inconsistent with the results of the games.

Keywords: Agricultural Finance; Community/Rural/Urban Development; International Development (search for similar items in EconPapers)
Pages: 16
Date: 1990-08-05
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea90:270885

DOI: 10.22004/ag.econ.270885

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