WP 2011-01 Discounting Behavior and the Magnitude Effect
Published in 2013 in Economica, Volume 80, Issue 320.
AUTHORS: Steffen Andersen, Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutström
ABSTRACT. We evaluate the claim that individuals exhibit a magnitude effect in their discounting behavior, which is said to occur when higher discount rates are inferred from choices made with… more »