We document that results of empirical/experimental studies of discounting are sensitive to the list of questions. We compare results of our survey conducted in 2018 to the results of a similar smaller survey (Scholten and Read (2006)). Based on the overlapping questions, our results are remarkably similar to these earlier results. At the same time, the overall conclusions from our survey are markedly different. The earlier declared conclusions do not survive a more complete set of alternative choices offered to the respondents. A much greater share of respondents deviate from choice consistency between the alternatives. Deviations seem to increase in the considered time horizons and time intervals. This may be driven either by the direct effect of time on discounting or by inclusion of choices with higher nominal amounts. Sensitivity of discounting to amounts being discounted warrants further investigation.

Язык оригиналаанглийский
Название основной публикацииANNUAL GSOM EMERGING MARKETS CONFERENCE 2019
Подзаголовок основной публикацииConference book
Место публикацииСПб/
ИздательИздательство Санкт-Петербургского университета
Страницы297-303
СостояниеОпубликовано - 2019
Событие6th international GSOM Emerging Markets Conference-2019 - St. Petersburg State University, Graduate School of Management, Санкт-Петербург, Российская Федерация
Продолжительность: 3 окт 20195 окт 2019
Номер конференции: 5

конференция

конференция6th international GSOM Emerging Markets Conference-2019
Сокращенное названиеGSOM EMC 2019
Страна/TерриторияРоссийская Федерация
ГородСанкт-Петербург
Период3/10/195/10/19

ID: 71887502