Vischer, Thomas Dohmen, Thomas Falk, Armin Huffman, David Schupp, Jürgen Sunde, Uwe Wagner, Gert G.
Year of Publication:
SOEPpapers on Multidisciplinary Panel Data Research 499
This study presents results of the validation of an ultra-short survey measure of patience included in the German Socio-Economic Panel (SOEP). Survey responses predict intertemporal choice behavior in incentive-compatible decisions in a representative sample of the German adult population.
time preferences discounting validation of survey measures