On Negative Time Preference

By Marco Casari, Davide Dragone. 2011

132 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Uncertainty, Expectations and Behavioural Aspects of Housing Market Choices (2011, background): “A final relevant finding, presented initially by Loewenstein & Prelec (1991), is that people show a strong preference for improving over declining sequences, following from a choice.”
Pleasure principles: A review of research on hedonic consumption (2013, background): “People prefer sequences that increase in attractiveness (e.g., Loewenstein & Prelec, 1991, 1993) and, under some circumstances, even prefer to place payment before benefits so that the pain of payment is decoupled from the anticipated enjoyment of the experience (Prelec & Loewenstein, 1998).”
The Influence of the Specification of Climate Change Damages on the Social Cost of Carbon (2012, unknown): “We do not address here the question of whether negative values of pure rate of time preference are reasonable; see Loewenstein and Prelec (1991) and Atkinson et al. (2009) for behavioral evidence that it can be under some circumstances.”