The cost of being too patient

Paola Giuliano and Paola Sapienza

No 14302, CEPR Discussion Papers from Centre for Economic Policy Research

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: it exists an optimal amount of patience that maximizes happiness. Beyond this optimal level, higher levels of patience have a negative impact on well-being.

Keywords: Patience; Happiness (search for similar items in EconPapers)
JEL-codes: A10 D9 Z1 (search for similar items in EconPapers)
Date: 2020-01
New Economics Papers: this item is included in nep-hap and nep-ltv
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Citations: View citations in EconPapers (1)

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Related works:
Journal Article: The Cost of Being Too Patient (2020)
Working Paper: The Cost of Being Too Patient (2020)
Working Paper: The cost of being too patient (2020)
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