EXPERIMENTAL MEASUREMENT OF DISCOUNT RATES IN RURAL INDIA

Discount rates of individuals in south India were measured using experimental games with significant rewards. Increasing the time frame or magnitude of rewards reduced discount rates, consistent with previous studies using hypothetical questions. The discounted utility model of intertemporal preferences is inconsistent with the results of the games.


Issue Date:
Aug 05 1990
Publication Type:
Conference Paper/ Presentation
Record Identifier:
http://ageconsearch.umn.edu/record/270885
Language:
English
Total Pages:
16




 Record created 2018-04-06, last modified 2018-04-06

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