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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 access
Ifcher, John, Zarghamee, Homa·2011·American Economic Review

Abstract

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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Metadata

Authors
Ifcher, J., & Zarghamee, H.
Venue
American Economic Review
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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CoChat. (2026). Citation check: Happiness and Time Preference: The Effect of Positive Affect in a Random-Assignment Experiment. https://app.cochat.ai/papers/10.1257/aer.101.7.3109
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Ifcher, J., & Zarghamee, H. (2011). Happiness and Time Preference: The Effect of Positive Affect in a Random-Assignment Experiment. American Economic Review. https://doi.org/10.1257/aer.101.7.3109

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