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  • Department of Economics / Institutionen för nationalekonomi med statistik
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  • School of Business, Economics and Law / Handelshögskolan
  • Department of Economics / Institutionen för nationalekonomi med statistik
  • Working papers
  • Redigera dokument
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Intertemporal choice shifts in households: Do they occur and are they good?

Sammanfattning
We examine whether and to what extent joint choices are more or less patient and time-consistent than individual choices in households. We use data from an artefactual field experiment where both individual and joint time preferences were elicited. We find a substantial shift from individual to joint household decisions. Interestingly, joint decisions do not only generate beneficial shifts, i.e., patient and time-consistent shifts. On the contrary, a majority of the observed shifts are impatient and time-inconsistent shifts. A number of observable characteristics are significantly correlated with these shifts in preferences from individual decisions to joint decisions.
Övrig beskrivning
JEL classification: C91; C92; C93; D10
URL:
http://hdl.handle.net/2077/33591
Samlingar
  • Working papers
Fil(er)
gupea_2077_33591_1.pdf (314.0Kb)
Datum
2013-06
Författare
Carlsson, Fredrik
Yang, Xiaojun
Nyckelord
individual decisions
joint decisions
patience
time-consistency
choice shifts
rural China
Publikationstyp
report
ISSN
1403-2465
Serie/rapportnr.
Working Papers in Economics
569
Språk
eng
Metadata
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