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Individual Laboratory-Measured Discount Rates Predict Field Behavior

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NBER2008-08-01 更新2025-01-04 收录
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We estimate discount rates of 555 subjects using a laboratory task and find that these individual discount rates predict inter-individual variation in field behaviors (e.g., exercise, BMI, smoking). The correlation between the discount rate and each field behavior is small: none exceeds 0.28 and

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2008-08-01
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