Blar i CLTS Working papers (HH) på forfatter "Sommervoll, Dag Einar"
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Intertemporal Choice Lists and Maximal Likelihood Estimation of Discount Rates
Sommervoll, Dag Einar; Holden, Stein T.; Tilahun, Mesfin (CLTS Working paper;09/23, Working paper, 2023-12)The experiments designed to estimate real-life discount rates in intertemporal choice often rely on ordered choice lists, where the list by design aims to capture a switch point between near- and far-future alternatives. ... -
Is diminishing impatience in time-dated risky prospects explained by probability weighting?
Holden, Stein T.; Tilahun, Mesfin; Sommervoll, Dag Einar (CLTS Working paper;03/22, Working paper, 2022)We use a field experiment and a within-subject design based on multiple Choice Lists (CLs) that integrate time and risk. Diminishing impatience with extended time horizons is studied by varying time horizons from one week ... -
Magnitude Effects and Utility Curvature in Inter-temporal Choice
Holden, Stein T.; Tilahun, Mesfin; Sommervoll, Dag Einar (CLTS Working paper;08/20, Working paper, 2020)The appropriate way to empirically estimate time-dated utility and time preferences based on experimental data has been subject to controversy. Our study assesses whether within-subject magnitude treatments are more ... -
Mental Zooming as Variable Asset Integration in Inter-temporal Choice
Holden, Stein T.; Sommervoll, Dag Einar; Tilahun, Mesfin (CLTS Working paper;07/20, Working paper, 2020)Our time preferences deviate systematically from that of Homo economicus. They seem to be driven by a form of mental zooming, where higher and more distant payouts induce a more holistic perspective in contrast to smaller ... -
Price and Hedonic Heterogeneity Measures in Local Housing Markets
Sommervoll, Dag Einar (CLTS Working paper;02/23, Working paper, 2023-01)In this paper, we develop a local housing stock heterogeneity measure. This measure may be used to monitor housing stock heterogeneity over time and in combination with other measures of policy interest. We illustrate the ...