% WARNING: This file may contain UTF-8 (unicode) characters. % While non-8-bit characters are officially unsupported in BibTeX, you % can use them with the biber backend of biblatex % usepackage[backend=biber]{biblatex} @techreport{NBERw25590, title = "Toward an Understanding of the Development of Time Preferences: Evidence from Field Experiments", author = "Andreoni, James and Kuhn, Michael A and List, John A and Samek, Anya and Sokal, Kevin and Sprenger, Charles", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "25590", year = "2019", month = "February", doi = {10.3386/w25590}, URL = "http://www.nber.org/papers/w25590", abstract = {Time preferences have been correlated with a range of life outcomes, yet little is known about their early development. We conduct a field experiment to elicit time preferences of over 1,200 children ages 3-12, who make several intertemporal decisions. To shed light on how such primitives form, we explore various channels that might affect time preferences, from background characteristics to the causal impact of an early schooling program that we developed and operated. Our results suggest that time preferences evolve substantially during this period, with younger children displaying more impatience than older children. We also find a strong association with race: black children, relative to white or Hispanic children, are more impatient. Finally, assignment to different schooling opportunities is not significantly associated with child time preferences.}, }