Measuring Discounting without Measuring Utility

Arthur E. Attema, Han Bleichrodt, Yu Gao, Zhenxing Huang, Peter P. Wakker
2016 The American Economic Review  
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. (JEL C91, D11, D12, D91)
doi:10.1257/aer.20150208 fatcat:3ycplmoxbjgrlitc6dbfadvs5m