People Wait Longer when the Alternative is Risky: The Relation Between Preferences in Risky and Inter‐temporal Choice
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DOI: 10.1002/bdm.2025
Abstract: In two experiments, we demonstrate that despite indicating indifference when probed about risk or delay in isolation, when forced to explicitly trade-off between the two, participants prefer delayed over risky rewards. This pattern of findings… read more here.
Keywords: alternative risky; risk; people wait; wait longer ... See more keywords