Gender differences in time preferences |
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Authors: | Marcus Dittrich Kristina Leipold |
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Affiliation: | 1. Chemnitz University of Technology, Department of Economics and Business Administration, 09107 Chemnitz, Germany;2. CESifo, Germany;3. Dresden University of Technology, Faculty of Business and Economics, 01062 Dresden, Germany |
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Abstract: | This paper reports the results from a large online experiment in which we examine gender differences in time preferences. Subjects choose in different situations between receiving an immediate payment and receiving a different sum later. We find that more men than women are impatient and choose to receive the immediate payment, at least if the implicit interest rate of the “late” option is neither too high nor too low. |
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Keywords: | J16 C91 |
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