Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/66575 
Year of Publication: 
2012
Series/Report no.: 
SOEPpapers on Multidisciplinary Panel Data Research No. 499
Publisher: 
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin
Abstract: 
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.
Subjects: 
time preferences
discounting
validation of survey measures
JEL: 
D01
D03
D91
C91
Document Type: 
Working Paper

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