Validating an Ultra-Short Survey Measure of Patience

Referierte Aufsätze Web of Science

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

In: Economics Letters 120 (2013), 2, 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.



Keywords: Time Preferences, Discounting, Validation of Survey Measures
Externer Link:
http://www.diw.de/documents/publikationen/73/diw_01.c.411258.de/diw_sp0499.pdf

DOI:
https://doi.org/10.1016/j.econlet.2013.04.007

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