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Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/36782
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Oxoby, Robert J. | | en_US |
| dc.contributor.author | | Morrison, William G. | | en_US |
| dc.date.accessioned | | 2010-03-30 | | en_US |
| dc.date.accessioned | | 2010-07-23T09:32:05Z | | - |
| dc.date.available | | 2010-07-23T09:32:05Z | | - |
| dc.date.issued | | 2010 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/36782 | | - |
| dc.description.abstract | | We present results from a laboratory study of loss aversion in the context of intertemporal choice. We investigate whether the provision of (windfall) endowments results in different elicited discount rates relative to subjects who earn income or earn and retain the income for a period before making intertemporal decisions. We hypothesize that loss aversion in an intertemporal choice yields higher discount rates among subjects earning and retaining. Our results support this hypothesis: among subjects who earn and retain their income we elicit substantially higher discount rates relative to those experiencing a windfall gain. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | IZA Bonn | | en_US |
| dc.relation.ispartofseries | | Discussion paper series // Forschungsinstitut zur Zukunft der Arbeit 4854 | | en_US |
| dc.subject.jel | | C91 | | en_US |
| dc.subject.jel | | D91 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Intertemporal choice | | en_US |
| dc.subject.keyword | | discount rates | | en_US |
| dc.subject.keyword | | experiments | | en_US |
| dc.subject.stw | | Einkommen | | en_US |
| dc.subject.stw | | Zeitpräferenz | | en_US |
| dc.subject.stw | | Risikoaversion | | en_US |
| dc.subject.stw | | Abzinsung | | en_US |
| dc.subject.stw | | Test | | en_US |
| dc.title | | Loss aversion and intertemporal choice: A laboratory investigation | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 622796186 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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