Time discounting over the lifespan
(2004)
Journal Article
Read, D., & Read, N. (2004). Time discounting over the lifespan. Organizational Behavior and Human Decision Processes, 94(1), 22-32. https://doi.org/10.1016/j.obhdp.2004.01.002
Several theories of intertemporal choice predict systematic age differences in the rate at which people discount the future. Different theories, however, predict different patterns: one predicts that discounting will decrease over the lifespan, so th... Read More about Time discounting over the lifespan.