Scientific article
OA Policy
English

The globalizability of temporal discounting

ContributorsCollaboration
CollaboratorsFilippi, Silviaorcid
Published inNature human behaviour, vol. 6, no. 10, p. 1386-1397
First online date2022-07-11
Abstract

Economic inequality is associated with preferences for smaller, immediate gains over larger, delayed ones. Such temporal discounting may feed into rising global inequality, yet it is unclear whether it is a function of choice preferences or norms, or rather the absence of sufficient resources for immediate needs. It is also not clear whether these reflect true differences in choice patterns between income groups. We tested temporal discounting and five intertemporal choice anomalies using local currencies and value standards in 61 countries (N = 13,629). Across a diverse sample, we found consistent, robust rates of choice anomalies. Lower-income groups were not significantly different, but economic inequality and broader financial circumstances were clearly correlated with population choice patterns.

Affiliation entities Not a UNIGE publication
Funding
  • Medical Research Council [MC_UU_00030/2]
Citation (ISO format)
Collaboration. The globalizability of temporal discounting. In: Nature human behaviour, 2022, vol. 6, n° 10, p. 1386–1397. doi: 10.1038/s41562-022-01392-w
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Article (Published version)
Identifiers
Additional URL for this publicationhttps://www.nature.com/articles/s41562-022-01392-w
Journal ISSN2397-3374
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