Validating an ultra-short survey measure of patience

T. Vischer, T.J. Dohmen, A. Falk, D. Huffman, J. Schupp, U. Sunde*, G.G. Wagner

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

Abstract

This study presents results of the validation of an ultra-short survey measure of patience included in the German Socio-Economic Panel (SOEP). Survey responses predict intertemporal choice behavior in incentive-compatible decisions in a representative sample of the German adult population.
Original languageEnglish
Pages (from-to)142-145
Number of pages4
JournalEconomics Letters
Volume120
Issue number2
DOIs
Publication statusPublished - Aug 2013

Keywords

  • Time preferences
  • Discounting
  • Validation of survey measures
  • INDIVIDUAL DISCOUNT RATES
  • TIME-PREFERENCES
  • RISK

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