The impact of agency on time and risk preferences
Scholars have long argued for the central role of agency—the size of one’s opportunity set—in the human experience, but there has been little work on how a sense of agency affects behavior. We demonstrate that increasing agency leads to greater patience and risk tolerance, even if these new opportun...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Nature Publishing Group
2020-05-01
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Series: | Nature Communications |
Online Access: | https://doi.org/10.1038/s41467-020-16440-0 |