Publikacja:

The endogeneity of time preference and analysis of collective behavior

Data

2015
Artykuł
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cris.legacyid5969
cris.virtual.journalance#PLACEHOLDER_PARENT_METADATA_VALUE#
cris.virtualsource.journalancec5e604c2-f6bd-4f19-914c-e01c8ff3c6c3
dc.abstract.plThis essay proposes that time preference is an essential component of analysis of collective behavior and provision of public goods. It addresses the validity of the assumption that time preference, as a parameter in individual utility functions, is exogenous and fi xed. While individual time discounting is used to predict many social phenomena, it is quite often applied in a fi xed form where the possibility of change is rarely discussed. The mechanism of change in individual time discounting is explored in different social contexts, using student, inmate and drug addict populations. This study establishes that certain parameters, such as the length of exposure to new environment and new social connections, are of extreme importance in determining the degree of change in time discounting.
dc.contributor.affiliationThe Ohio State University, Marion
dc.contributor.authorMarianna Klochko
dc.date.accessioned2025-07-28T14:25:48Z
dc.date.available2025-07-28T14:25:48Z
dc.date.issued2015
dc.date.published12/2104
dc.description.issue24
dc.description.physical107-122
dc.identifier.doi10.7206/DEC.1733-0092.63
dc.identifier.issn1733-0092
dc.identifier.urihttps://repozytorium.kozminski.edu.pl/handle/item/3670
dc.languageen
dc.relation.ispartofCollective and Individual Decisions
dc.relation.pages107-122
dc.rightsCC-BY-4.0
dc.subjectpublic good
dc.subjectindividual time discounting
dc.subjectsocial connections
dc.subjectchange
dc.subjectcollective action
dc.subtypeOriginal
dc.title

The endogeneity of time preference and analysis of collective behavior

dc.typeArticle
dspace.entity.typePublication