scholarly journals THE ROLE OF TIME PREFERENCES IN THE INTERGENERATIONAL TRANSFER OF SMOKING

2013 ◽  
Vol 23 (12) ◽  
pp. 1493-1501 ◽  
Author(s):  
Heather Brown ◽  
Marjon Pol

2018 ◽  
Vol 10 (1) ◽  
pp. 278-314 ◽  
Author(s):  
Melis Kartal

New relationships are often plagued with uncertainty because one of the players has some private information about her “type.” The reputation literature has shown that equilibria that reveal this private information typically involve breach of trust and conflict. But are these inevitable for equilibrium learning? I analyze self-enforcing relationships where one party is privately informed about her time preferences. I show that there always exist honest reputation equilibria, which fully reveal information and support cooperation without breach or conflict. I compare these to dishonest reputation equilibria from several perspectives. My results are applicable to a broad class of repeated games. (JEL C73, D82, D83, D86, Z13)





2014 ◽  
Vol 77 (2) ◽  
pp. 234-253 ◽  
Author(s):  
Bjorn Van Campenhout ◽  
Ben D'Exelle ◽  
Els Lecoutere




Author(s):  
Susan Averett ◽  
Jennifer Kohn

An individual’s health is produced in large part by family investments that start before birth and continue to the end of life. The health of an individual is intertwined with practically every economic decision including education, marriage, fertility, labor market, and investments. These outcomes in turn affect income and wealth and hence have implications for intergenerational transfer of economic advantage or disadvantage. A rich body of theoretical and empirical work considers the role of the family in health production over the life cycle and the role of health in household economic decisions. This literature starts by considering family inputs regarding health at birth, then moves through adolescence and midlife, where relationship decisions affect health. After midlife, health, particularly the health of family members, becomes an input into retirement and investment decisions. The literature on family and health showcases economists’ skills in modeling complex family dynamics, deriving theoretical predictions, and using clever econometric strategies to identify causal effects.



2015 ◽  
Vol 105 (5) ◽  
pp. 196-200 ◽  
Author(s):  
Richard G. Newell ◽  
Juha Siikamäki

We examine the role of individual discount rates in energy efficiency decisions using evidence from an extensive survey of US homeowners to elicit preferences for energy efficiency and cash flows over time. We find considerable heterogeneity in individual discount rates. We also find that individual time preferences systematically influence willingness to invest in energy efficiency, as measured through product choices, required payback periods, and energy efficiency tax credit claims. Education is a key driver of individual discount rates. Our findings highlight the importance of individual discount rates to understanding energy efficiency investments, the energy-efficiency gap, and policy evaluation.



2021 ◽  
Author(s):  
Vojtěch Bartoš ◽  
Michal Bauer ◽  
Julie Chytilová ◽  
Ian Levely

Abstract We test whether an environment of poverty affects time preferences through purely psychological channels. We measured discount rates among farmers in Uganda who made decisions about when to enjoy entertainment instead of working. To circumvent the role of economic constraints, we experimentally induced thoughts about poverty-related problems, using priming techniques. We find that thinking about poverty increases the preference to consume entertainment early and to delay work. Using monitoring tools similar to eye tracking, a novel feature for this subject pool, we show that this effect is unlikely to be driven by less careful decision-making processes.



Author(s):  
Elisa De Marchi ◽  
Alessia Cavaliere ◽  
Alessandro Banterle


2009 ◽  
Vol 3 (1) ◽  
pp. 35-41 ◽  
Author(s):  
R. Neal Axon ◽  
W. David Bradford ◽  
Brent M. Egan


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