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2013
- handle: 10670/1.lswav8
- hal: hal-01001360
- doi: 10.1016/j.econlet.2013.04.006
- PRODINRA: 189765
- WOS: 000320142100027
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info:eu-repo/semantics/altIdentifier/doi/10.1016/j.econlet.2013.04.006
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Géraldine Bocquého et al., « Reversal and magnitude effects in long-term time preferences: Results from a field experiment », HAL-SHS : économie et finance, ID : 10.1016/j.econlet.2013.04.006
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We use a multiple price list approach with real payments to elicit long-term time preferences on a sample of French farmers. Elicited individual discount rates vary with the time delay, which supports the existence of a reversal effect in long-term time preferences, and increase with rewards, which contradicts the usual magnitude effect finding.