Time-Inconsistent Generosity: Present Bias Across Individual and Social Contexts
Time-Inconsistent Generosity: Present Bias Across Individual and Social Contexts
复制标题
时间不一致的慷慨:个人和社会环境中存在的偏见
DOI:
10.2139/ssrn.3218387
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发表时间:
2019
期刊:
影响因子:
--
通讯作者:
L. Wenner
中科院分区:
文献类型:
--
作者:
Felix Kölle;L. Wenner
We investigate the presence and stability of dynamically inconsistent time preferences across contexts with and without interpersonal trade-offs. In a longitudinal experiment subjects make a series of intertemporal allocation decisions of real-effort tasks between themselves and another person. We find substantial time inconsistency in generosity: agents become disproportionally more selfish when decisions have immediate rather than delayed consequences. Structural estimations reveal that this is because agents exhibit present bias in own but not in others' consumption. At the individual level, present bias in own consumption is a stable behavioral trait which is correlated across individual and social contexts.
影响因子:
6.1
作者:
Andreoni, James;Bernheim, B. Douglas
通讯作者:
Bernheim, B. Douglas