| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w18734 |
| 来源ID | Working Paper 18734 |
| Working Over Time: Dynamic Inconsistency in Real Effort Tasks | |
| Ned Augenblick; Muriel Niederle; Charles Sprenger | |
| 发表日期 | 2013-01-25 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | Experimental tests of dynamically inconsistent time preferences have largely relied on choices over time-dated monetary rewards. Several recent studies have failed to find the standard patterns of time inconsistency. However, such monetary studies contain often discussed confounds. In this paper, we sidestep these confounds and investigate choices over consumption (real effort) in a longitudinal experiment. We pair those effort choices with a companion monetary discounting study. We confirm very limited time inconsistency in monetary choices. However, subjects show considerably more present bias in effort. Furthermore, present bias in the allocation of work has predictive power for demand of a meaningfully binding commitment device. Therefore our findings validate a key implication of models of dynamic inconsistency, with corresponding policy implications. |
| 主题 | Econometrics ; Experimental Design ; Microeconomics ; Households and Firms |
| URL | https://www.nber.org/papers/w18734 |
| 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/576407 |
| 推荐引用方式 GB/T 7714 | Ned Augenblick,Muriel Niederle,Charles Sprenger. Working Over Time: Dynamic Inconsistency in Real Effort Tasks. 2013. |
| 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 | ||
| w18734.pdf（883KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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