タイトル(掲載誌)Institute of Social and Economic Research Discussion Papers
一般注記Previous research consistently identified differences in time preferences between effort and monetary decisions. However, the root cause of this difference—whether it stemmed from the intrinsic nature of the outcomes or the associated pleasurable or unpleasurable experiences—remained undefined. In response, we devised a novel two-stage experiment employing a 2 × 2 design contrasting outcomes (money and effort) and domains (pleasant and unpleasant). This approach allowed for the incentivization of all decisions, including those involving future monetary losses. Our study reveals sign-dependent preferences, showing varying degrees of impatience across pleasant or unpleasant experiences in monetary or effort-related choices. We also observed outcome-dependent preferences, particularly highlighting a higher level of impatience in unpleasant monetary choices compared with their effort-based counterparts. However, the degree of present bias did not differ across the four conditions.
連携機関・データベース国立情報学研究所 : 学術機関リポジトリデータベース(IRDB)(機関リポジトリ)