Estimating Time Preferences from Convex Budgets

By James Andreoni, Charles D. Sprenger. 2012

709 citations recorded by the source corpus.

Subfields: Economics and Econometrics, General Decision Sciences

View Paper: https://www.semanticscholar.org/paper/d410937baf8020539679444270e5271ddc5ca9cb

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Citations in the corpus

The Good, the Bad, and the Ugly: A Unified Approach to Behavioral Welfare Economics1 (2016, background): “32 See, for example, Plott and Zeiler (2005) on the endowment effect, Andreoni and Sprenger (2012) on time inconsistency, and Harbaugh, Krause and Vesterlund (2010) on the “four-fold pattern of risk taking.””
Fostering Patience in the Classroom: Results from Randomized Educational Intervention (2018, methodology): “The second type of task we use is a version of the CTB task, adapted from Andreoni and Sprenger (2012).”
Trust, Risk, and Time Preferences After a Natural Disaster: Experimental Evidence from Thailand (2017, methodology): “Since estimating risk preferences has been found to depend on the elicitation method (Andreoni & Sprenger, 2012; Dave, Eckel, Johnson, & Rojas, 2010) and, for any given method, on the particulars (amount and visual allocation) of the payoffs, we implemented four separate risk tasks based on payoff…”
Revising Commitments: Field Evidence on the Adjustment of Prior Choices (2012, methodology): “We elicited intertemporal choices by adapting Andreoni and Sprenger’s (2012) convex time budget method, with large real stakes (roughly a month’s wages).”
The Future in Mind: Aspirations and Forward-Looking Behaviour in Rural Ethiopia (2014, background): “More complex measures are available to combat these problems (Andersen et al., 2008; Andreoni and Sprenger, 2012).”
What Motivates Effort?: Evidence and Expert Forecasts (2018, neutral): “We model these psychological treatments as in (6) with a shift ∆ in the intrinsic reward.”
Working over Time: Dynamic Inconsistency in Real Effort Tasks (2015, positive): “Andreoni and Sprenger (2012a) provide a detailed discussion of the extent of potential errors in CTB choices.”
Economic behavior of children and adolescents – A first survey of experimental economics results (2019, methodology): “They compare a simple choice list – where subjects choose between either a specific amount at an earlier point in time or a larger amount at a later date – with the elicitation method based on Andreoni and Sprenger (2012), called a convex budget set where subjects can allocate a specific amount betw”
How to measure time preferences in children: a comparison of two methods (2015, methodology): “Our TIE method is closely related to what Andreoni and Sprenger (2012) have introduced as the convex time budget method.”
Risk Preferences Are Not Time Preferences (2012, methodology): “Each task consisted of 14 CTB decisions: 7 with t = 7, k = 28 on one sheet and 7 with t = 7, k = 56 on a second sheet.”