Faculty Sponsor(s)
Jeff Summers
Location
Jereld R. Nicholson Library: Grand Avenue
Subject Area
Economics
Description
Theory suggests that individuals’ characteristics, such as age and gender, may affect their rates of time preference. This paper empirically explores this “characteristic-time preference relationship.” Our sample is drawn from survey responses of economists belonging to the Association of Environmental and Resource Economics. We find that ideology, age, field of study, and the size of the institution where economists are employed are significant factors explaining economists’ time preferences.
Recommended Citation
Smith, Bailey J., "Estimating the Factors That Explain Economists' Time Preferences" (2016). Linfield University Student Symposium: A Celebration of Scholarship and Creative Achievement. Event. Submission 13.
https://digitalcommons.linfield.edu/symposium/2016/all/13
Estimating the Factors That Explain Economists' Time Preferences
Jereld R. Nicholson Library: Grand Avenue
Theory suggests that individuals’ characteristics, such as age and gender, may affect their rates of time preference. This paper empirically explores this “characteristic-time preference relationship.” Our sample is drawn from survey responses of economists belonging to the Association of Environmental and Resource Economics. We find that ideology, age, field of study, and the size of the institution where economists are employed are significant factors explaining economists’ time preferences.
