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 language | English |
---|---|
Pages (from-to) | 142-145 |
Number of pages | 4 |
Journal | Economics Letters |
Volume | 120 |
Issue number | 2 |
DOIs | |
Publication status | Published - Aug 2013 |
Keywords
- Time preferences
- Discounting
- Validation of survey measures
- INDIVIDUAL DISCOUNT RATES
- TIME-PREFERENCES
- RISK