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dc.contributor.authorWang, Mei
dc.contributor.authorRieger, Marc Oliver
dc.contributor.authorHens, Thorsten
dc.date.accessioned2013-03-08T09:28:11Z
dc.date.available2013-03-08T09:28:11Z
dc.date.issued2011-10
dc.identifier.urihttp://hdl.handle.net/11250/164165
dc.description.abstractWe present results from the first large-scale international survey on time discounting, conducted in 45 countries. Cross-country variation cannot simply be explained by economic variables such as interest rates or inflation. In particular, we find strong evidence for cultural differences, as measured by the Hofstede cultural dimensions. For example, high levels of Uncertainty Avoidance or Individualism are both associated with strong hyperbolic discounting. Moreover, as application of our data, we find evidence for an impact of time preferences on the capability of technological innovations in a country and on environmental protection.no_NO
dc.language.isoengno_NO
dc.publisherNorwegian School of Economics. Department of Finance and Management Scienceno_NO
dc.relation.ispartofseriesDiscussion paper;2011:18
dc.subjecttime preferencesno_NO
dc.subjectintertemporal decisionno_NO
dc.subjectendogenous preferenceno_NO
dc.subjectcross-cultural comparisonno_NO
dc.titleHow time preferences differ : evidence from 45 countriesno_NO
dc.typeWorking paperno_NO
dc.subject.nsiVDP::Social science: 200::Economics: 210::Business: 213no_NO


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