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Time preference

In behavioral economics, time preference (or time discounting, delay discounting, temporal discounting, long-term orientation) is the current relative valuation placed on receiving a good at an earlier date compared with receiving it at a later date. Applications for these preferences include finance, health, and climate change.

History, History and development & Models of discounting

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History and development

19 related topics

Models of discounting

9 related topics

Asymmetries

3 related topics

Differences in time preference across countries

2 related topics

Topics to explore

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Overview

History and development

Models of discounting

Asymmetries

Differences in time preference across countries

Advanced semantic analysis

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Map overview Semantic statistics

Time preference

Nodes46
Edges45
Triples152
Avg. degree1.96
Density0.043478
Components1

How this topic connects Entity context

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Time preference

Top relations

related to Historical understanding in relation to interest rates · 17
Time preference → At, Azpilcueta Navarrus, Conrad Summenhart, Dominican, Ferdinando Galiani, Gian Francesco Lottini, However, Italian, Later, Martin, Neapolitan, Salamanca, The Catholic, Two, Tübingen, University, Volterra
related to history · 17
Time preference → Capital, He, In, Irving Fisher, John Rae's, Lastly, Later, Measurement, Note, Paul Samuelson, Some, Such, The Sociological Theory, They, This, Utility, Work
related to Prosocial behavior · 17
Time preference → Another, Both, For, Future, Generally, How, However, Jones, One, Probability, Rachlin, Say, Social, The, This, What, Yet
has method · 10
Time preference → Ebbesen, In, MEL, Mischel, One, Put, The, There, This, Yet
related to Age & Income · 9
Time preference → Although, By, However, In, Such, The, There, They, Younger
related to Neoclassical views · 9
Time preference → Arbitrage, Consumers, In, Irving Fisher, It, Ramsey, Rather, The, This
related to Connection to future self · 6
Time preference → Another, In, One, Therefore, They, This
related to Differences in time preference across countries · 5
Time preference → Differences, Due, GPS, INTRA, Since
related to Example · 5
Time preference → An, Choosing, In, MEL, Psychologists
related to Race · 5
Time preference → Andreoni, In, Race, They, Viscusi

Important terminology Word statistics

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Important terminology

time discounting discount preference rate future preferences also people one money interest differences may climate found delay utility now later

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
Time preferenceis akey component of the Austrian school of economics0.90text
sign effectsinstance ofideas0.80text
sub-additivityinstance ofideas0.80text
and the elicitation method can influence how people display time preferenceinstance ofideas0.80text
inflationinstance ofadjusting for factors0.80text
riskinstance ofadjusting for factors0.80text
a monetary lossinstance ofpeople may not mind to delay a negative outcome0.80text
stated preferencesinstance oftaking into account issues0.80text
revealed preferencesinstance oftaking into account issues0.80text
and objective future outcomes.Interest ratesDiscount ratesinstance oftaking into account issues0.80text
traditional economic problems both informinstance oftaking into account issues0.80text
are influenced by each otherinstance oftaking into account issues0.80text

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    Min side: 3
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