Time preference and its relationship with age, health, and survival probability
Although theories from economics and evolutionary biology predict that one's age, health, and survival probability should be associated with one's subjective discount rate (SDR), few studies have empirically tested for these links. Our study analyzes in detail how the SDR is related to age...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Society for Judgment and Decision Making
2009-02-01
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Series: | Judgment and Decision Making |
Subjects: | |
Online Access: | http://journal.sjdm.org/8816/jdm8816.pdf |