The effect of optimism bias on time preference

Authors

  • Tal Shavit he School of Business Administration. The College of Management Academic Studies.

DOI:

https://doi.org/10.17811/ebl.2.3.2013.128-133

Abstract

This paper examines the effect of optimism bias on monetary time preference and risk tolerance. The results of a survey show that preference towards the present increases with optimism bias. I argue that the factor which affects time preference is the individual’s concern regarding future events, as measured by optimism bias.

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Published

18-09-2013

How to Cite

Shavit, T. (2013). The effect of optimism bias on time preference. Economics and Business Letters, 2(3), 128–133. https://doi.org/10.17811/ebl.2.3.2013.128-133