The DOI matches its Crossref record; 14 of the 14 references it cites were found in a registry or an index.
Happiness and Time Preference: The Effect of Positive Affect in a Random-Assignment Experiment
Open accessAbstract
We conduct a random-assignment experiment to investigate whether positive affect impacts time preference, where time preference denotes a preference for present over future utility. Our result indicates that, compared to neutral affect, mild positive affect significantly reduces time preference over money. This result is robust to various specification checks, and alternative interpretations of the result are considered. Our result has implications for the effect of happiness on time preference and the role of emotions in economic decision making, in general. Finally, we reconfirm the ubiquity of time preference and start to explore its determinants. (DJEL D12, D83, I31)
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Citations
Cites
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The benefits of frequent positive affect: Does happiness lead to success?
Lyubomirsky, S., King, L., & Diener, E. (2005) · Psychological Bulletin · doi:10.1037/0033-2909.131.6.803 · Cited by 7,143
Golden eggs and hyperbolic discounting
Laibson, D. (1997) · The Quarterly Journal of Economics · doi:10.1162/003355397555253 · Cited by 6,122
Gender Differences in Preferences
Croson, R., & Gneezy, U. (2009) · Journal of Economic Literature · doi:10.1257/jel.47.2.448 · Cited by 5,694
Out of Control: Visceral Influences on Behavior
Loewenstein, G. (1996) · Organizational Behavior and Human Decision Processes · doi:10.1006/obhd.1996.0028 · Cited by 2,610
A neuropsychological theory of positive affect and its influence on cognition.
Ashby, F. G., Isen, A. M., & Turken, A. U. (1999) · Psychological Review · doi:10.1037/0033-295x.106.3.529 · Cited by 2,270
An economic theory of self-control.
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Heroin addicts have higher discount rates for delayed rewards than non-drug-using controls.
Kirby, K. N., Petry, N. M., & Bickel, W. K. (1999) · Journal of Experimental Psychology: General · doi:10.1037/0096-3445.128.1.78 · Cited by 2,171
Heart Strings and Purse Strings: Carryover Effects of Emotions on Economic Decisions
Lerner, J. S., Small, D. A., & Loewenstein, G. (2004) · Psychological Science · doi:10.1111/j.0956-7976.2004.00679.x · Cited by 959
WHO IS ‘BEHAVIORAL’? COGNITIVE ABILITY AND ANOMALOUS PREFERENCES
Benjamin, D. J., Brown, S. A., & Shapiro, J. M. (2013) · Journal of the European Economic Association · doi:10.1111/jeea.12055 · Cited by 690
Cited by
Gender Differences in Preferences
Croson, R., & Gneezy, U. (2009) · Journal of Economic Literature · doi:10.1257/jel.47.2.448 · Cited by 5,694
Unobservable Selection and Coefficient Stability: Theory and Evidence
Oster, E. (2019) · Journal of Business & Economic Statistics · doi:10.1080/07350015.2016.1227711 · Cited by 5,367
Haushofer, J., & Fehr, E. (2014) · Science · doi:10.1126/science.1232491 · Cited by 1,638
Evaluating replicability of laboratory experiments in economics
Camerer, C. F., Dreber, A., Forsell, E., Ho, T.-H., Huber, J., Johannesson, M., Kirchler, M., Almenberg, J., Altmejd, A., Chan, T., et al. (2016) · Science · doi:10.1126/science.aaf0918 · Cited by 1,314
Oswald, A. J., Proto, E., & Sgroi, D. (2015) · Journal of Labor Economics · doi:10.1086/681096 · Cited by 1,008
Metadata
- Authors
- Ifcher, J., & Zarghamee, H.
- Venue
- American Economic Review
- Publisher
- American Economic Association
- Published
- 2011-12-01
- Volume
- 101
- Issue
- 7
- Pages
- 3109-3129
- ISSN
- 0002-8282 (ISSN-L)
- OpenAlex
- W2056856748
- Cited by
- 369
- References
- 14
- FWCI
- 7.77
- Type
- journal article
- Language
- en
- Open access
- green
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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