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Education Management and Management Science – Zheng (Ed.)
© 2015 Taylor & Francis Group, London, ISBN 978-1-138-02663-6
Measuring impatience: Experiments of intertemporal choices
Y. Lu
School of Business and Administration, Northeastern University, Shenyang, Liaoning, P.R. China
C. Yang
School of Materials and Metallurgy, Northeastern University, Shenyang, Liaoning, P.R. China
ABSTRACT: Intertemporal decision making draws attention in econophysics and neuroeconomics.
One of the main objectives of the researches in this field is to examine the degree of impatience. The proc-
ess to measure impatience involves various types of experiments. In this paper, we illustrate the traditional
experiment procedure and some variability factors of the procedur ...