Validating an Ultra-Short Survey Measure of Patience

Aufsätze referiert extern - Web of Science

Thomas Vischer, Thomas Dohmen, Armin Falk, David Huffman, Jürgen Schupp, Uwe Sunde, Gert G. Wagner

In: Economics Letters 120 (2013), 2, S. 142-145

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.

Jürgen Schupp

Senior Research Fellow in the German Socio-Economic Panel study Department

Gert G. Wagner

Senior Research Fellow in the German Socio-Economic Panel study Department

Topics: Consumers, Survey methodology and data science

JEL-Classification: D1;D3;D91;C91
Keywords: Time preferences, Discounting, Validation of survey measures
DOI:
http://dx.doi.org/10.1016/j.econlet.2013.04.007

Frei zugängliche Version: (econstor)
http://hdl.handle.net/10419/80444