Possession and discounting behavior


Robert Slonim


James Carlson


Eric P. Bettinger

Year of Publication: 
Economics Letters

Subjects chose when they could first use financial rewards between choices 2 months apart. We manipulated the early reward date and whether participants took immediate possession. Quasi-hyperbolic discounting is rejected in favor of hyperbolic discounting without but not with possession.

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APA Citation

Slonim, R., Carlson, J., & Bettinger, E.P. (2007). Possession and discounting behavior. Economics Letters.