The globalizability of temporal discounting.
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Authors
Abdul-Salaam, Nazeer
Akil, Carla
Amatya, Jolly
Ayacaxli, Nélida
Sheshdeh, Aseman Bagheri
Berge, Mari Louise
Bermaganbet, Aliya
Black, Sabrina
Čadek, Martin
Duffy, Grace
Envuladu, Esther Awazzi
Farrokhnia, RA
Fawad, Mareyba
Gracheva, Aleksandra
Gracheva, Anastasia
Hasan, Nida
Hong, Xinyi
Hubená, Barbora
Karakasheva, Ralitsa
Kemel, Emmanuel
Khorrami, Peggah
Lazarević, Aleksandra
Lofthus, Ingvild Sandø
Mamo, Metasebiya Ayele
Maratkyzy, Laura
Marwaha, Shivika
Melnic, Anișoara
Meyer, Sebastian A
Mohammed, Amina
Niazi, Shehrbano Jamali
Nippold, Franziska
Otto, Thiago
Panchelieva, Tsvetelina
Pavlović, Irena
Popović, Dora
Rho, Christina Eun
Rocca, Federica
Sarikaya, Ahmet Kerem
Shiels, Mary
Shir, Yarden
Sievert, Elisabeth DC
Soni, Siddhant
Tavera, Felice
Tobias-Webb, Juliette
Todsen, Anna Louise
Tran, Tran
Trinh, Jason
Turati, Alice
Vakhitov, Volodymyr
Vintr, Jáchym
Xing, Ke Ying
Xu, Kailin
Publication Date
2022-10Journal Title
Nat Hum Behav
ISSN
2397-3374
Publisher
Springer Science and Business Media LLC
Type
Article
This Version
VoR
Metadata
Show full item recordCitation
Ruggeri, K., Panin, A., Vdovic, M., Većkalov, B., Abdul-Salaam, N., Achterberg, J., Akil, C., et al. (2022). The globalizability of temporal discounting.. Nat Hum Behav https://doi.org/10.1038/s41562-022-01392-w
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.
Sponsorship
Economic and Social Research Council (ES/P010962/1)
Medical Research Council (MC_UU_00005/6)
Identifiers
External DOI: https://doi.org/10.1038/s41562-022-01392-w
This record's URL: https://www.repository.cam.ac.uk/handle/1810/335636
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