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2020
- handle: 10670/1.lj3nf3
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consumption intertemporal decisions satiety experimentSujets proches
Bank discount Discount rateCiter ce document
Youenn Lohéac, « Hunger and intertemporal decisions: Experimental literature and empirical illustration », Revue économique, ID : 10670/1.lj3nf3
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Hunger seems to influence intertemporal preferences. This physiological state is associated with an increase in discount rates, on the one hand, and a preference for “less healthy” foods, on the other hand. The problem of intertemporal trade-off in relation with the state of satiety is explored through several experiments from the literature and illustrated by an empirical study between moments of the day associated with meals (and hence hunger) and intertemporal preferences. The results show an increase of preference for present linked to hunger. Results are analyzed with discount rates and projection bias.