Intertemporal choice shifts in households: Do they occur and are they good?

dc.contributor.authorCarlsson, Fredrik
dc.contributor.authorYang, Xiaojun
dc.contributor.organizationDept of Economics, University of Gothenburgsv
dc.date.accessioned2013-07-31T09:54:40Z
dc.date.available2013-07-31T09:54:40Z
dc.date.issued2013-06
dc.descriptionJEL classification: C91; C92; C93; D10sv
dc.description.abstractWe 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.sv
dc.format.extent28 pagessv
dc.identifier.issn1403-2465
dc.identifier.urihttp://hdl.handle.net/2077/33591
dc.language.isoengsv
dc.relation.ispartofseriesWorking Papers in Economicssv
dc.relation.ispartofseries569sv
dc.subjectindividual decisionssv
dc.subjectjoint decisionssv
dc.subjectpatiencesv
dc.subjecttime-consistencysv
dc.subjectchoice shiftssv
dc.subjectrural Chinasv
dc.titleIntertemporal choice shifts in households: Do they occur and are they good?sv
dc.typeTextsv
dc.type.svepreportsv

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