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dc.contributor.authorKirby, Kris N.en_US
dc.contributor.authorWinston, Gordon C.en_US
dc.contributor.authorSantiesteban, Marianaen_US
dc.date.accessioned2009-01-29T16:09:43Z-
dc.date.available2009-01-29T16:09:43Z-
dc.date.issued2002en_US
dc.identifier.urihttp://hdl.handle.net/10419/23510-
dc.description.abstractBecause the rewards of academic performance in college are often delayed, the delay-discounting model of impulsiveness (Ainslie, 1975) predicts that academic performance should tend to decrease as people place less weight on future outcomes. To test this hypothesis, we estimated (hyperbolic) discount rates for real delayed monetary rewards ($10 to $20) using second-price auction procedures with 247 undergraduates at two liberal arts colleges. College GPA was reliably correlated with discount rates, r = -.19 (p = .003), and remained reliable after partialling out SAT scores. The results add to the external validity of the discounting model of impulsiveness, and point to a possible contributor to academic performance of interest in the study of higher education.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesWPEHE discussion paper series / Williams College, Williams Project on the Economics of Higher Education 63en_US
dc.subject.ddc330en_US
dc.subject.stwBildungsverhaltenen_US
dc.subject.stwStudiumen_US
dc.subject.stwBildungsertragen_US
dc.subject.stwAbzinsungen_US
dc.subject.stwSch├Ątzungen_US
dc.subject.stwUSAen_US
dc.titleImpatience and grades : delay-discount rates correlate negatively with college GPAen_US
dc.typeWorking Paperen_US
dc.identifier.ppn366115235en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:WPEHE Discussion Paper Series, Williams College

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