The DOI matches its Crossref record; 33 of the 112 references it cites were found in a registry or an index, and 79 are not checked yet.
Golden Eggs and Hyperbolic Discounting
Open accessAbstract
Hyperbolic discount functions induce dynamically inconsistent preferences, implying a motive for consumers to constrain their own future choices. This paper analyzes the decisions of a hyperbolic consumer who has access to an imperfect commitment technology: an illiquid asset whose sale must be initiated one period before the sale proceeds are received. The model predicts that consumption tracks income, and the model explains why consumers have asset-specific marginal propensities to consume. The model suggests that financial innovation may have caused the ongoing decline in U. S. savings rates, since financial innovation increases liquidity, eliminating commitment opportunities. Finally, the model implies that financial market innovation may reduce welfare by providing "too much" liquidity.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Claims other papers make about this one
Each is checked against this paper’s own text: does it say what the citing paper says it does?
The source backs part of the claim, not all of it — or backs it for a different population, condition or comparison.
In the citing paper
“If there is a choice, individuals usually choose a small benefit in the short term over a larger benefit in the longer term.”
From The privacy paradox – investigating discrepancies between expressed privacy concerns and actual online behavior – a systematic literature review (2017) · cites this paper as Laibson, 1997
Experimental — accuracy not yet measured
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Filders, R. (1992) · International Journal of Forecasting · doi:10.1016/0169-2070(92)90130-2 · Cited by 16,765
Stock, V. A., & Evans, M. D. (2010) · The Review of Economic Studies · doi:10.1111/(issn)1467-937x · Cited by 2,989
Uninsured Idiosyncratic Risk and Aggregate Saving
Aiyagari, S. R. (1994) · The Quarterly Journal of Economics · doi:10.2307/2118417 · Cited by 2,900
Myopia and Inconsistency in Dynamic Utility Maximization
Strotz, R. H. (1973) · doi:10.1007/978-1-349-15492-0_10 · Cited by 2,803
Specious reward: A behavioral theory of impulsiveness and impulse control.
Ainslie, G. (1975) · Psychological Bulletin · doi:10.1037/h0076860 · Cited by 2,708
Psychology and Economics: Evidence from the Field
DellaVigna, S. (2009) · Journal of Economic Literature · doi:10.1257/jel.47.2.315 · Cited by 2,412
Anomalies in Intertemporal Choice: Evidence and an Interpretation
Loewenstein, G., & Prelec, D. (1992) · The Quarterly Journal of Economics · doi:10.2307/2118482 · Cited by 2,305
(2009) · American Economic Review · doi:10.1257/aer.99.4.i · Cited by 2,304
RELATIVE AND ABSOLUTE STRENGTH OF RESPONSE AS A FUNCTION OF FREQUENCY OF REINFORCEMENT 1, 2
Herrnstein, R. J. (1961) · Journal of the Experimental Analysis of Behavior · doi:10.1901/jeab.1961.4-267 · Cited by 2,281
Consumption and Liquidity Constraints: An Empirical Investigation
Zeldes, S. P. (1989) · Journal of Political Economy · doi:10.1086/261605 · Cited by 1,933
Research works printed but not linked: 11
- - "Beyond Microeconomics. Conflict among Interests in a Multiple Self as a Determinant of Value." in The Multiple Self, Jon Elster, ed. (Cambridge, UK: Cambridge University Press, 1986).
- - Picoeconomics (Cambridge, UK: Cambridge University Press, 1992).
- Canner B., 1992, Federal Reserve Bulletin, 652
- Canner B., 1994, Federal Reserve Bulletin, 571
- Carroll D., 1992, Brookings Papers on Economics Activity (, 2
- Chung J., 1961, Journal of the Experimental Analysis of Animal Behavior, 267
- Flavin, 1991, NBER Working Paper No., 3802
- 1996, NBER Working Paper No., 5635
- Rankin M., 1993, New York Times, 33
- Shea, 1995, American Economic Review, 186
- Zeckhauser, 1968, Harvard Institute of Economic Research, Discussion Paper No., 50
Cited by
Sorted by citations
Items 701–800 of 1,003
Baumeister, R. F., Maranges, H. M., & Sjåstad, H. (2018) · Psychology of Consciousness Theory Research and Practice · doi:10.1037/cns0000154 · Cited by 98
Xiong, Y., & Wang, L. (2020) · Journal of Cleaner Production · doi:10.1016/j.jclepro.2020.121032 · Cited by 90
Meta-Analysis of Present-Bias Estimation using Convex Time Budgets
Imai, T., Rutter, T. A., & Camerer, C. F. (2020) · The Economic Journal · doi:10.1093/ej/ueaa115 · Cited by 103
Peer Capitalism: Parallel Relationships in the U.S. Economy1
Zuckerman, E. W., & Sgourev, S. V. (2006) · American Journal of Sociology · doi:10.1086/499506 · Cited by 92
Saving behavior and cognitive abilities
Ballinger, T. P., Hudson, E., Karkoviata, L., & Wilcox, N. T. (2011) · Experimental Economics · doi:10.1007/s10683-010-9271-3 · Cited by 91
Pension fund trustee competence: decision making in problems relevant to investment practice
Clark, G. L., Caerlewy‐Smith, E., & Marshall, J. C. (2006) · Journal of Pensions Economics and Finance · doi:10.1017/s1474747205002374 · Cited by 89
Decision makers calibrate behavioral persistence on the basis of time-interval experience
McGuire, J. T., & Kable, J. W. (2012) · Cognition · doi:10.1016/j.cognition.2012.03.008 · Cited by 90
Precautionary Saving and Precautionary Wealth
Carroll, C. D., & Kimball, M. (2018) · The New Palgrave Dictionary of Economics · doi:10.1057/978-1-349-95189-5_2079 · Cited by 90
MULTIATTRIBUTE UTILITY THEORY, INTERTEMPORAL UTILITY, AND CORRELATION AVERSION
Andersen, S., Harrison, G. W., Lau, M. I., & Rutström, E. E. (2018) · International Economic Review · doi:10.1111/iere.12279 · Cited by 89
Financial Vulnerability and Its Determinants: Survey Evidence from Malaysian Households
Daud, S. N. M., Marzuki, A. B., Ahmad, N., & Kefeli, Z. (2018) · Emerging Markets Finance and Trade · doi:10.1080/1540496x.2018.1511421 · Cited by 89
Dopamine transients follow a striatal gradient of reward time horizons
Mohebi, A., Wei, W., Pelattini, L., Kim, K., & Berke, J. D. (2024) · Nature Neuroscience · doi:10.1038/s41593-023-01566-3 · Cited by 105
Laitila, J., Moilanen, A., & Pouzols, F. M. (2014) · Methods in Ecology and Evolution · doi:10.1111/2041-210x.12287 · Cited by 89
Jacobsson, F., Johannesson, M., & Borgqúist, L. (2007) · The Economic Journal · doi:10.1111/j.1468-0297.2007.02049.x · Cited by 89
New Ways to Make People Save: A Social Marketing Approach
Lusardi, A., Keller, P. A., & Keller, A. M. (2009) · National Bureau of Economic Research · doi:10.3386/w14715 · Cited by 90
Individual discount rates: a meta-analysis of experimental evidence
Matousek, J., Havránek, T., & Iršová, Z. (2021) · Experimental Economics · doi:10.1007/s10683-021-09716-9 · Cited by 86
Flood Risk and the U.S. Housing Market
Kousky, C., Kunreuther, H., LaCour‐Little, M., & Wächter, S. M. (2020) · Journal of Housing Research · doi:10.1080/10527001.2020.1836915 · Cited by 96
Covid-19: implications for insurer risk management and the insurability of pandemic risk
Richter, A., & Wilson, T. C. (2020) · The Geneva Risk and Insurance Review · doi:10.1057/s10713-020-00054-z · Cited by 88
BUILDING BLOCKS OF SELF‐CONTROL: INCREASED TOLERANCE FOR DELAY WITH BUNDLED REWARDS
Ainslie, G. W., & Monterosso, J. R. (2003) · Journal of the Experimental Analysis of Behavior · doi:10.1901/jeab.2003.79-37 · Cited by 88
Love, hate and murder: Commitment devices in violent relationships
Aizer, A., & Bó, P. D. (2008) · Journal of Public Economics · doi:10.1016/j.jpubeco.2008.09.011 · Cited by 88
Pricing and Access: Lessons from Randomized Evaluations in Education and HealthPreprint
Holla, A., & Kremer, M. (2009) · SSRN Electronic Journal · doi:10.2139/ssrn.1390281 · Cited by 145
Household Debt and Business Cycles Worldwide
Mian, A., Sufi, A., & Verner, E. (2015) · National Bureau of Economic Research · doi:10.3386/w21581 · Cited by 88
Consume Now or Later? Time Inconsistency, Collective Choice, and Revealed Preference
Adams‐Prassl, A., Cherchye, L., Bram De Rock, Z., & Verriest, E. (2014) · American Economic Review · doi:10.1257/aer.104.12.4147 · Cited by 87
Asymmetric discounting of gains and losses: A query theory account
Appelt, K. C., Hardisty, D. J., & Weber, E. U. (2011) · Journal of Risk and Uncertainty · doi:10.1007/s11166-011-9125-1 · Cited by 82
Learning the Preferences of Ignorant, Inconsistent Agents
Evans, O., Stuhlmüller, A., & Goodman, N. D. (2016) · Proceedings of the AAAI Conference on Artificial Intelligence · doi:10.1609/aaai.v30i1.10010 · Cited by 91
How soon is now? Evidence of present bias from convex time budget experiments
Balakrishnan, U., Haushofer, J., & Jakiela, P. (2020) · Experimental Economics · doi:10.1007/s10683-019-09617-y · Cited by 87
Notes on behavioral economics and labor market policy
Babcock, L. C., Congdon, W. J., Katz, L. F., & Mullainathan, S. (2012) · IZA Journal of Labor Policy · doi:10.1186/2193-9004-1-2 · Cited by 90
Should America Save for its Old Age? Fiscal Policy, Population Aging, and National Saving
Elmendorf, D. W., & Sheiner, L. M. (2000) · The Journal of Economic Perspectives · doi:10.1257/jep.14.3.57 · Cited by 99
Hilty, L., Langer, N., Pascual-Marqui, R. D., Boutellier, U., & Lutz, K. (2011) · European Journal of Neuroscience · doi:10.1111/j.1460-9568.2011.07909.x · Cited by 85
Reyer Gerlagh, A., & Liski, M. (2017) · Journal of the European Economic Association · doi:10.1093/jeea/jvx010 · Cited by 86
Optimal Taxation with Behavioral Agents
Farhi, E., & Gabaix, X. (2015) · National Bureau of Economic Research · doi:10.3386/w21524 · Cited by 86
The impact of financial education on adolescents' intertemporal choices
Lührmann, M., Serra-García, M., & Winter, J. (2017) · doi:10.1920/wp.ifs.2014.1418 · Cited by 86
Behavioral Economics Guidelines with Applications for Health Interventions
Luoto, J., & Carman, K. G. (2014) · doi:10.18235/0009206 · Cited by 87
Paid and hypothetical time preferences are the same: Lab, field and online evidencePreprint
Jorrat, D., Brañas Garza, P., Espín, A. M., & Sánchez, Á. (2022) · arXiv (Cornell University) · doi:10.5061/dryad.vt4b8gtvn · Cited by 86
Behavioral economics: a history
(2014) · Choice Reviews Online · doi:10.5860/choice.52-0960 · Cited by 88
Could Behavioral Economics Help Improve Diet Quality for Nutrition Assistance Program Participants?
Just, D. R., Mancino, L., & Wansink, B. (2007) · PsycEXTRA Dataset · doi:10.1037/e667842007-001 · Cited by 85
The effect of safe experience on a warnings’ impact: Sex, drugs, and rock-n-roll
Barron, G., Leider, S., & Stack, J. (2008) · Organizational Behavior and Human Decision Processes · doi:10.1016/j.obhdp.2007.11.002 · Cited by 84
Reference-Dependent Preferences
O’Donoghue, T., & Sprenger, C. D. (2018) · Handbook of behavioral economics · doi:10.1016/bs.hesbe.2018.07.003 · Cited by 95
No Slack: The Financial Lives of Low-Income Americans
Barr, M. S. (2012) · Project Muse (Johns Hopkins University) · Cited by 84
Design of Stated Preference Surveys: Is There More to Learn from Behavioral Economics?
Carlsson, F. (2010) · Environmental and Resource Economics · doi:10.1007/s10640-010-9359-4 · Cited by 86
Macroeconomic Aspects of Social Security Reform
Diamond, P. A., Auerbach, A. J., & Gale, W. G. (1997) · Brookings Papers on Economic Activity · doi:10.2307/2534686 · Cited by 85
Gabaix, X. (2017) · National Bureau of Economic Research · doi:10.3386/w24096 · Cited by 94
The Value of Nothing: Asymmetric Attention to Opportunity Costs Drives Intertemporal Decision Making
Read, D., Olivola, C. Y., & Hardisty, D. J. (2017) · Management Science · doi:10.1287/mnsc.2016.2547 · Cited by 83
Myopia, redistribution and pensions
Cremer, H., & Pestieau, P. (2010) · European Economic Review · doi:10.1016/j.euroecorev.2010.07.002 · Cited by 84
How Do Payday Loans Affect Borrowers? Evidence from the U.K. Market
Gathergood, J., Guttman‐Kenney, B., & Hunt, S. (2018) · Review of Financial Studies · doi:10.1093/rfs/hhy090 · Cited by 84
To Lend or Not to Lend to Friends and Kin: Awkwardness, Obfuscation, and Negative Reciprocity
Wherry, F. F., Seefeldt, K. S., & Alvarez, A. S. (2018) · Social Forces · doi:10.1093/sf/soy127 · Cited by 91
Cognitive Bias and Public Health Policy During the COVID-19 Pandemic
Halpern, S. D., Truog, R. D., & Miller, F. G. (2020) · JAMA · doi:10.1001/jama.2020.11623 · Cited by 91
Duckworth, A. L., & Gross, J. J. (2020) · Organizational Behavior and Human Decision Processes · doi:10.1016/j.obhdp.2020.09.002 · Cited by 113
Financial Integration and Consumption Smoothing
Jappelli, T., & Pistaferri, L. (2011) · The Economic Journal · doi:10.1111/j.1468-0297.2010.02410.x · Cited by 84
Influencing Financial Behavior: From Changing Minds to Changing Contexts
Dolan, P., Elliott, A., Metcalfe, R., & Vlaev, I. (2012) · Journal of Behavioral Finance · doi:10.1080/15427560.2012.680995 · Cited by 94
Time Horizons, Discounting, and Intertemporal Choice
Streich, P., & Levy, J. S. (2007) · Journal of Conflict Resolution · doi:10.1177/0022002706298133 · Cited by 87
Inertia and Overwithholding: Explaining the Prevalence of Income Tax Refunds
Jones, D. (2012) · American Economic Journal Economic Policy · doi:10.1257/pol.4.1.158 · Cited by 84
Political leaders' socioeconomic background and fiscal performance in Germany
Hayo, B., & Neumeier, F. (2014) · European Journal of Political Economy · doi:10.1016/j.ejpoleco.2014.01.009 · Cited by 81
Why Have Americans Become More Obese?
Cutler, D., Glaeser, E. L., & Shapiro, J. M. (2003) · National Bureau of Economic Research · doi:10.3386/w9446 · Cited by 86
Ellis, R. P., & Savage, E. (2008) · International Journal of Health Care Finance and Economics · doi:10.1007/s10754-008-9040-4 · Cited by 83
Are High-Interest Loans Predatory? Theory and Evidence from Payday Lending
Allcott, H., Kim, J. J., Taubinsky, D., & Zinman, J. (2021) · The Review of Economic Studies · doi:10.1093/restud/rdab066 · Cited by 84
Now or later? Striatum and insula activation to immediate versus delayed rewards.
Wittmann, M., Lovero, K. L., Lane, S. D., & Paulus, M. P. (2010) · Journal of Neuroscience Psychology and Economics · doi:10.1037/a0017252 · Cited by 88
Willpower and the Optimal Control of Visceral Urges
Ozdenoren, E., Salant, S., & Silverman, D. (2012) · Journal of the European Economic Association · doi:10.1111/j.1542-4774.2010.01050.x · Cited by 138
Inequality and Household Finance During the Consumer AgePreprint
Cynamon, B. Z., & Fazzari, S. M. (2013) · SSRN Electronic Journal · doi:10.2139/ssrn.2205524 · Cited by 83
Pro-social behavior, reciprocity or both?Preprint
Frey, B. S., & Meier, S. (2002) · RePEc: Research Papers in Economics · doi:10.3929/ethz-a-004374940 · Cited by 90
Jolls, C. (2007) · National Bureau of Economic Research · doi:10.3386/w12879 · Cited by 82
Sticking to Your Plan: The Role of Present Bias for Credit Card Paydown
Kuchler, T., & Pagel, M. (2018) · National Bureau of Economic Research · doi:10.3386/w24881 · Cited by 87
House Prices, Home Equity-Based Borrowing, and the U.S. Household Leverage Crisis
Mian, A., & Sufi, A. (2009) · National Bureau of Economic Research · doi:10.3386/w15283 · Cited by 83
Conservation Research, Policy and Practice
Sutherland, W. J., Brotherton, P. N. M., Ockendon, N., Pettorelli, N., Vickery, J. A., Davies, Z. G., Boyd, I., Wintle, B. C., Kennicutt, M. C., II, Altringham, J. D., et al. (2020) · Cambridge University Press eBooks · doi:10.1017/9781108638210 · Cited by 84
Control thyself: Self-control failure and household wealth
Biljanovska, N., & Palligkinis, S. (2016) · Journal of Banking & Finance · doi:10.1016/j.jbankfin.2016.10.010 · Cited by 82
Some considerations on the social discount rate
Rambaud, S. C., & Torrecillas, M. J. M. (2005) · Environmental Science & Policy · doi:10.1016/j.envsci.2005.04.003 · Cited by 82
Humans Can Adopt Optimal Discounting Strategy under Real-Time Constraints
Schweighofer, N., Shishida, K., Han, C. E., Okamoto, Y., Tanaka, S., Yamawaki, S., & Doya, K. (2006) · PLoS Computational Biology · doi:10.1371/journal.pcbi.0020152 · Cited by 87
Dynamic Inconsistency in Food Choice: Experimental Evidence from a Food DesertPreprint
Sadoff, S., Samek, A., & Sprenger, C. D. (2020) · SSRN Electronic Journal · doi:10.2139/ssrn.2572821 · Cited by 32
The Health Costs of Cost-Sharing
Chandra, A., Flack, E., & Obermeyer, Z. (2021) · National Bureau of Economic Research · doi:10.3386/w28439 · Cited by 87
Financial Literacy, Retirement Planning, and Household Wealth
van Rooij, M., Lusardi, A., & Alessie, R. J. M. (2011) · National Bureau of Economic Research · doi:10.3386/w17339 · Cited by 87
Hunter, R. F., Tang, J., Hutchinson, G., Chilton, S., Holmes, D., & Kee, F. (2018) · BMC Public Health · doi:10.1186/s12889-018-6305-9 · Cited by 82
The Complexity Effects on Choice with Uncertainty – Experimental Evidence
Sonsino, D., Ben‐Zion, U., & Mador, G. (2002) · The Economic Journal · doi:10.1111/1468-0297.00073 · Cited by 78
Income Transfers and Assets of the Poor
Ziliak, J. P. (2003) · The Review of Economics and Statistics · doi:10.1162/003465303762687712 · Cited by 81
Development economics through the lens of psychology
Mullainathan, S. (2004) · Cited by 78
Duflo, E. (2004) · Cited by 82
Modeling customer bounded rationality in operations management: A review and research opportunities
Ren, H., & Huang, T. (2017) · Computers & Operations Research · doi:10.1016/j.cor.2017.11.002 · Cited by 83
James Andreoni, A., Callen, M. J., Khan, M. Y., Jaffar, K., & Sprenger, C. D. (2016) · National Bureau of Economic Research · doi:10.3386/w22019 · Cited by 81
The Effects of Unemployment Insurance Benefits: New Evidence and Interpretation
Schmieder, J. F., & von Wachter, T. (2016) · National Bureau of Economic Research · doi:10.3386/w22564 · Cited by 81
Behavioral Economics and Public Policy: A Pragmatic Perspective
Chetty, R. (2015) · National Bureau of Economic Research · doi:10.3386/w20928 · Cited by 95
Futile Attempts at Self-Control
Heidhues, P., & Kőszegi, B. (2009) · Journal of the European Economic Association · doi:10.1162/jeea.2009.7.2-3.423 · Cited by 80
A Behavioral Understanding of Investment Horizon and Firm Performance
Souder, D., Reilly, G., Bromiley, P., & Mitchell, S. (2016) · Organization Science · doi:10.1287/orsc.2016.1088 · Cited by 80
Scaling for Economists: Lessons from the Non-Adherence Problem in the Medical Literature
Al‐Ubaydli, O., List, J. A., LoRe, D., & Suskind, D. L. (2017) · The Journal of Economic Perspectives · doi:10.1257/jep.31.4.125 · Cited by 82
Behavioral Biases Meet the Market: The Case of Magazine Subscription Prices
Oster, S. M., & Morton, F. S. (2005) · The B E Journal of Economic Analysis & Policy · doi:10.1515/1538-0637.1323 · Cited by 80
Dynan, K. E., Skinner, J., & Zeldes, S. P. (2000) · Finance and Economics Discussion Series · doi:10.17016/feds.2000.52 · Cited by 80
Microfinance Over-Indebtedness: Understanding its drivers and challenging the common mythsPreprint
Schicks, J. (2010) · RePEc: Research Papers in Economics · Cited by 80
Ameriks, J., Caplin, A., Leahy, J. V., & Tyler, T. R. (2004) · National Bureau of Economic Research · doi:10.3386/w10514 · Cited by 80
Payday Loans, Uncertainty and Discounting: Explaining Patterns of Borrowing, Repayment, and Default
Skiba, P. M., & Tobacman, J. (2008) · doi:10.2139/ssrn.1319751 · Cited by 157
The shortsighted brain: Neuroeconomics and the governance of choice in time
Schüll, N. D., & Zaloom, C. (2011) · Social Studies of Science · doi:10.1177/0306312710397689 · Cited by 81
PREDICTING RETIREMENT SAVINGS USING SURVEY MEASURES OF EXPONENTIAL‐GROWTH BIAS AND PRESENT BIAS
Goda, G. S., Levy, M. R., Manchester, C. F., Sojourner, A., & Tasoff, J. (2019) · Economic Inquiry · doi:10.1111/ecin.12792 · Cited by 80
Pension Plan Characteristics and Framing Effects in Employee Savings Behavior
Card, D., & Ransom, M. R. (2010) · The Review of Economics and Statistics · doi:10.1162/rest_a_00051 · Cited by 81
Impulsive consumption and reflexive thought: Nudging ethical consumer behavior
Lades, L. K. (2013) · Journal of Economic Psychology · doi:10.1016/j.joep.2013.01.003 · Cited by 95
Goals and bracketing under mental accounting
Koch, A. K., & Julia Nafziger, B. (2016) · Journal of Economic Theory · doi:10.1016/j.jet.2016.01.001 · Cited by 88
Thunström, L., Nordström, J., Shogren, J. F., Ehmke, M. D., & Veld, K. V. (2016) · Journal of Risk and Uncertainty · doi:10.1007/s11166-016-9236-9 · Cited by 81
Non-parametric Test of Time Consistency: Present Bias and Future Bias
Takeuchi, K. (2016) · Springer eBooks · doi:10.1007/978-4-431-55402-8_4 · Cited by 81
Cognitive Abilities and Portfolio ChoicePreprint
Christelis, D., Jappelli, T., & Padula, M. (2008) · SSRN Electronic Journal · doi:10.2139/ssrn.1275284 · Cited by 79
A Dual Self Model of Impulse ControlPreprint
Fudenberg, D., & Levine, D. K. (2004) · SSRN Electronic Journal · doi:10.2139/ssrn.617522 · Cited by 79
Behavioral Macroeconomics Via Sparse Dynamic Programming
Gabaix, X. (2016) · National Bureau of Economic Research · doi:10.3386/w21848 · Cited by 75
Financial Innovation and Borrowers: Evidence from Peer-to-Peer LendingPreprint
Balyuk, T. (2016) · SSRN Electronic Journal · doi:10.2139/ssrn.2802220 · Cited by 79
Procrastination on Long-Term Projects
O’Donoghue, T., & Rabin, M. (2002) · Journal of Economic Behavior & Organization · doi:10.1016/j.jebo.2006.05.005 · Cited by 84
Oakley, M., Himmelweit, S. M., Leinster, P., & Casado, M. R. (2020) · Water · doi:10.3390/w12071848 · Cited by 91
Strong, bold, and kind: self-control and cooperation in social dilemmas
Kocher, M. G., Martinsson, P., Myrseth, K. O. R., & Wollbrant, C. (2016) · Experimental Economics · doi:10.1007/s10683-015-9475-7 · Cited by 79
Metadata
- Authors
- Laibson, D.
- Affiliations
- Harvard University (US)
- Corresponding author
- Laibson, D.
- ORCID
- Laibson, D.
- Venue
- The Quarterly Journal of Economics
- Publisher
- Oxford University Press (OUP)
- Published
- 1997-05-01
- Volume
- 112
- Issue
- 2
- Pages
- 443-478
- ISSN
- 0033-5533 (ISSN-L)
- 1531-4650
- OpenAlex
- W2118052532
- Cited by
- 6,122
- References
- 33
- Citations by year
- 2026: 239 · 2025: 252 · 2024: 239 · 2023: 258 · 2022: 243 · 2021: 274 · 2020: 394 · 2019: 332 · 2018: 317 · 2017: 290 · 2016: 323 · 2015: 327 · 2014: 313 · 2013: 280 · 2012: 253
- FWCI
- 21.62
- Type
- journal article
- Language
- en
- Open access
- green
- nrs.harvard.edu
- Licence
- cc-by
- Locations
- The Quarterly Journal of Economics (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Digital Access to Scholarship at Harvard (DASH) (Harvard University) (submittedVersion, cc-by)
- HighWire Press Open Archive (submittedVersion)
- Funders
- National Science Foundation (9510985)
- Alfred P. Sloan Foundation
- Topics
- Social Sciences › Decision Sciences › General Decision Sciences › Decision-Making and Behavioral Economics
- Social Sciences › Economics, Econometrics and Finance › Finance › Financial Literacy, Pension, Retirement Analysis
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic theories and models
- Keywords
- hyperbolic discounting, time inconsistency, imperfect commitment, illiquid assets, consumption smoothing, marginal propensity to consume, financial innovation, savings rate, liquidity
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
