Time for Tea: Measuring Discounting for Money and Consumption without the Utility Confound http://d.repec.org/n?u=RePEc:cor:louvco:2023007&r=exp
…simple way to measure #discounting while side stepping the problems of utility curvature. … finding little evidence of decreasing #impatience but significant evidence of #subadditivity… may have important implications for the design of contracts or payment plans
#ExperimentalEcon
#ExperimentalEcon #subadditivity #impatience #discounting