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Supplementary information files for "Constant discounting, temporal instability and dynamic inconsistency in Denmark: A longitudinal field experiment"

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posted on 2025-02-03, 09:42 authored by Glenn Harrison, Morten Lau, Hong Il YooHong Il Yoo
<p dir="ltr">Supplementary files for article "Constant discounting, temporal instability and dynamic inconsistency in Denmark: A longitudinal field experiment"</p><p dir="ltr">Claims that individuals have dynamically inconsistent preferences are usually made by studying individual discount rates over different time delays, but where those discount rates are elicited at a single point in time. However, to test dynamic inconsistency one has to know if the same subject has a different discounting function at a later point in time. We evaluate data from a longitudinal field experiment undertaken with a nationally representative sample of the adult Danish population.</p><p dir="ltr">We cannot reject the hypothesis of constant discounting at the population level, but we reject the hypotheses of temporal stability and dynamic consistency.<br><br>© The Author(s), CC BY-NC-ND 4.0</p>

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