Time Discounting and Time Preference: A Critical Review

By Shane Frederick, George Loewenstein, Ted O’Donoghue. 2002

5,840 citations recorded by the source corpus.

Subfields: Economics and Econometrics, General Decision Sciences

View Paper: https://www.semanticscholar.org/paper/b2369c0575d060872a7b980315f38103bbaaae1c

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Citations in the corpus

Consumption and Saving: Models of Intertemporal Allocation and Their Implications for Public Policy (2010, neutral): “Frederick, Loewenstein, and O'Donoghue (2002) provide an overview of experiments that support that notion that individuals discount the near and the distant future at different rates.”
Decreasing Impatience: A Criterion for Non-Stationary Time Preference and 'Hyperbolic' Discounting (2004, neutral): “Harris and Laibson (2001, 2003), Laibson (1997) and O’Donoghue and Rabin (1999a, 1999b, 2000, 2001).”
Nudges for Privacy and Security (2017, methodology): “However, behavior that violates this implication of discount utility theory has been observed in multiple experiments [Frederick et al. 2002].”
Time discounting over the lifespan (2004, background): “First, discounting is an individual taste that may have been acquired or inherited, but is not amenable to further analysis (Strotz, 1955; Fisher, 1930 ).”
Individual preferences for reducing flood risk to near zero through elevation (2013, background): “It has been observed that people often have high short run discount rates and make short sighted decisions steered toward immediate returns (e.g. Frederick et al. 2002).”
Perceptions of time in relation to climate change (2014, neutral): “71 In the same vein there is some evidence that people rate environmental and ﬁnancial consequences less important the more delayed these are.”
Estimating discount rates for environmental quality from utility-based choice experiments (2008, neutral): “Frederick, Loewenstein, and O’Donoghue (2002) provide a review.”
Levelised cost of energy – A theoretical justification and critical assessment (2019, neutral): “Choice of an appropriate discount rate has long been contentious in many areas of financial analysis (Frederick et al., 2002; Henderson and Bateman, 1995; Weitzman, 1998), and this is also true in the LCOE literature (Manzhos, 2013).”