James Andreoni|Michael A. Kuhn|John A. List|Anya Samek|Kevin Sokal|Charles Sprenger
Toward an understanding of the development of time preferences: Evidence from field experiments
University of Oregon
time preferences correlated range life outcomes yet little known early development conduct field experiment elicit time preferences 1200 children ages 312 make several intertemporal decisions shed light primitives form explore various channels might affect time preferences background characteristics causal impact early schooling program developed operated results suggest time preferences evolve substantially period younger children displaying impatience older children also find strong association race black children relative white hispanic children impatient finally assignment different schooling opportunities significantly associated child time preferences