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Article Dans Une Revue Economics Letters Année : 2013

Reversal and magnitude effects in long-term time preferences: Results from a field experiment

Résumé

We use a multiple price list approach with real payments to elicit long-term time preferences on a sample of French farmers. Elicited individual discount rates vary with the time delay, which supports the existence of a reversal effect in long-term time preferences, and increase with rewards, which contradicts the usual magnitude effect finding.

Dates et versions

hal-01001360 , version 1 (04-06-2014)

Identifiants

Citer

Géraldine Bocquého, Florence Jacquet, Arnaud Reynaud. Reversal and magnitude effects in long-term time preferences: Results from a field experiment. Economics Letters, 2013, 120 (1), pp.108-111. ⟨10.1016/j.econlet.2013.04.006⟩. ⟨hal-01001360⟩
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