Blar i CLTS Working papers (HH) på emneord "Integration"
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Magnitude Effects and Utility Curvature in Inter-temporal Choice
(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
(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 ...