Journal
AMERICAN ECONOMIC REVIEW
Volume 106, Issue 6, Pages 1476-1494Publisher
AMER ECONOMIC ASSOC
DOI: 10.1257/aer.20150208
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We introduce a new method to measure the temporal discounting of money. Unlike preceding methods, our method requires neither knowledge nor measurement of utility. It is easier to implement, clearer to subjects, and requires fewer measurements than existing methods.
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