Every parent has observed the remarkable evolution in their children's capacity for patience. In early childhood, kids often struggle to wait for anything, consumed by the immediacy of the present ...

This is a preview. Log in through your library . Abstract This study examined whether time trade-off (TTO) values adjusted for time preferences are more consistent with individuals' preferences. This ...

Prior studies have found a strong negative relation between smoking and body mass index (BMI). Smoking and unhealthy eating both imply a preference for utility in the present at the expense of future ...

Mind/Matter, a fantastic contributor here at the magazine, also has a rather popular Twitter account, which focuses more on health and lifestyle than exclusively bitcoin. I’m a big fan of the content ...

This paper proposes a utility function incorporating both habit formation and an endogenous rate of time preference in a manner consistent with the intuition of Irving Fisher regarding the influence ...

When the market falls faster than a tree in the forest, the phrases “zoom out” and “lower your time preference” take root. “Zoom out” refers to taking a break from the omnipresent price charts that ...

Preface: All human action stems from the desire to increase our supply of accessible energy reserves. Humans act to transform energy from inaccessible to accessible. We seek to acquire energy reserves ...

(MoneyWatch) Do you have to work on Christmas day? While we tend to think of it as a big vacation day for everyone, many, many people are still punching the clock. Hospitals, pharmacies, gas stations, ...