| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w14353 |
| 来源ID | Working Paper 14353 |
| Measuring intertemporal preferences using response times | |
| Christopher F. Chabris; David Laibson; Carrie L. Morris; Jonathon P. Schuldt; Dmitry Taubinsky | |
| 发表日期 | 2008-09-19 |
| 出版年 | 2008 |
| 语种 | 英语 |
| 摘要 | We use two different approaches to measure intertemporal preferences. First we employ the classical method of inferring preferences from a series of choices (subjects choose between $X now or $Y in D days). Second we adopt the novel approach of inferring preferences using only response time data from the same choices (how long it takes subjects to choose between $X now or $Y in D days). In principle, the inference from response times should work, since choices between items of nearly equivalent value should take longer than choices between items with substantially different values. We find that choice-based analysis and response-time-based analysis yield nearly identical discount rate estimates. We conclude that response time data sheds light on both our revealed (choice-based) preferences and on the cognitive processes that implement those preferences. |
| 主题 | Econometrics ; Microeconomics ; Economics of Information ; Behavioral Economics |
| URL | https://www.nber.org/papers/w14353 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/572027 |
| 推荐引用方式 GB/T 7714 | Christopher F. Chabris,David Laibson,Carrie L. Morris,et al. Measuring intertemporal preferences using response times. 2008. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w14353.pdf（170KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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