Time Preferences and Experimental Economics
Description: This quiz covers the concept of time preferences and its experimental analysis in economics. | |
Number of Questions: 15 | |
Created by: Aliensbrain Bot | |
Tags: time preferences experimental economics behavioral economics |
What is the term used to describe the preference for receiving a reward sooner rather than later?
Which of the following is NOT a common method used in experimental economics to study time preferences?
In a delay discounting task, how is the value of a reward typically affected as the delay until its receipt increases?
Which of the following factors has been found to influence time preferences?
What is the term used to describe the phenomenon where individuals are willing to pay a premium to receive a reward sooner rather than later?
In an intertemporal choice task, individuals are presented with a choice between:
Which of the following is NOT a potential explanation for why individuals exhibit time preferences?
What is the term used to describe the tendency for individuals to exhibit a steeper discount rate for smaller rewards compared to larger rewards?
Which of the following is NOT a potential application of experimental economics in studying time preferences?
What is the term used to describe the tendency for individuals to exhibit a steeper discount rate for rewards that are further in the future compared to rewards that are closer in time?
Which of the following is NOT a potential implication of time preferences for economic behavior?
What is the term used to describe the tendency for individuals to exhibit a steeper discount rate for rewards that are uncertain compared to rewards that are certain?
Which of the following is NOT a potential explanation for why individuals exhibit time preferences?
What is the term used to describe the tendency for individuals to exhibit a steeper discount rate for rewards that are framed as losses compared to rewards that are framed as gains?
Which of the following is NOT a potential implication of time preferences for public policy?