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The Cost of Being Too Patient

Paola Giuliano and Paola Sapienza ()

No 12900, IZA Discussion Papers from Institute of Labor Economics (IZA)

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)
Pages: 19 pages
Date: 2020-01
New Economics Papers: this item is included in nep-hpe and nep-ltv
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Published - published in: American Economic Review Papers and Proceedings, 2020, 110, 314-318

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Journal Article: The Cost of Being Too Patient (2020) Downloads
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