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...

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Bibliographic Details
Main Authors: Li-Wei Chao, Helena Szrek, Nuno Sousa Pereira, Mark V. Pauly
Format: Article
Language:English
Published: Society for Judgment and Decision Making 2009-02-01
Series:Judgment and Decision Making
Subjects:
Online Access:http://journal.sjdm.org/8816/jdm8816.pdf