Matches in SemOpenAlex for { <https://semopenalex.org/work/W1645971598> ?p ?o ?g. }
- W1645971598 endingPage "3022" @default.
- W1645971598 startingPage "3014" @default.
- W1645971598 abstract "Laibson (1997) suggests the present bias problem as one of the driving forces of excessive borrowing. Shefrin and Thaler (1988) suggest that self-control underlies national borrowing/savings rate. We conduct a survey with 65 people between the ages of 21 and 56 to check for present bias as well as self-control problems among individuals in Turkey using a quasi-hyperbolic discounting model. Our findings show that different income groups have similar discount factors, i.e., impatience levels, but very different degrees of dynamic inconsistencies, i.e. present bias levels. In particular, 32.2% of low-income individuals exhibit present bias whereas this is down to 5.9% for high-income individuals. This result does not depend on a particular assumption of a utility function. Using the parameters we elicit through the surveys, policymakers can design appropriate commitment devices for time-inconsistent individuals to ensure a sustainable level of aggregate saving and financial investment." @default.
- W1645971598 created "2016-06-24" @default.
- W1645971598 creator A5000588911 @default.
- W1645971598 creator A5019469148 @default.
- W1645971598 date "2013-01-01" @default.
- W1645971598 modified "2023-10-03" @default.
- W1645971598 title "Income groups and long term investment" @default.
- W1645971598 cites W2094104200 @default.
- W1645971598 cites W2097992786 @default.
- W1645971598 cites W2100056252 @default.
- W1645971598 cites W2124733286 @default.
- W1645971598 cites W2138086868 @default.
- W1645971598 cites W3123452739 @default.
- W1645971598 hasPublicationYear "2013" @default.
- W1645971598 type Work @default.
- W1645971598 sameAs 1645971598 @default.
- W1645971598 citedByCount "2" @default.
- W1645971598 countsByYear W16459715982019 @default.
- W1645971598 countsByYear W16459715982020 @default.
- W1645971598 crossrefType "posted-content" @default.
- W1645971598 hasAuthorship W1645971598A5000588911 @default.
- W1645971598 hasAuthorship W1645971598A5019469148 @default.
- W1645971598 hasConcept C10138342 @default.
- W1645971598 hasConcept C105795698 @default.
- W1645971598 hasConcept C109574028 @default.
- W1645971598 hasConcept C121332964 @default.
- W1645971598 hasConcept C127729010 @default.
- W1645971598 hasConcept C14036430 @default.
- W1645971598 hasConcept C149782125 @default.
- W1645971598 hasConcept C162324750 @default.
- W1645971598 hasConcept C175444787 @default.
- W1645971598 hasConcept C17744445 @default.
- W1645971598 hasConcept C178562925 @default.
- W1645971598 hasConcept C187736073 @default.
- W1645971598 hasConcept C198477413 @default.
- W1645971598 hasConcept C199539241 @default.
- W1645971598 hasConcept C27548731 @default.
- W1645971598 hasConcept C2775924081 @default.
- W1645971598 hasConcept C2778865806 @default.
- W1645971598 hasConcept C2779785983 @default.
- W1645971598 hasConcept C33923547 @default.
- W1645971598 hasConcept C4249254 @default.
- W1645971598 hasConcept C556758197 @default.
- W1645971598 hasConcept C6177178 @default.
- W1645971598 hasConcept C61797465 @default.
- W1645971598 hasConcept C62520636 @default.
- W1645971598 hasConcept C78458016 @default.
- W1645971598 hasConcept C86803240 @default.
- W1645971598 hasConcept C94625758 @default.
- W1645971598 hasConceptScore W1645971598C10138342 @default.
- W1645971598 hasConceptScore W1645971598C105795698 @default.
- W1645971598 hasConceptScore W1645971598C109574028 @default.
- W1645971598 hasConceptScore W1645971598C121332964 @default.
- W1645971598 hasConceptScore W1645971598C127729010 @default.
- W1645971598 hasConceptScore W1645971598C14036430 @default.
- W1645971598 hasConceptScore W1645971598C149782125 @default.
- W1645971598 hasConceptScore W1645971598C162324750 @default.
- W1645971598 hasConceptScore W1645971598C175444787 @default.
- W1645971598 hasConceptScore W1645971598C17744445 @default.
- W1645971598 hasConceptScore W1645971598C178562925 @default.
- W1645971598 hasConceptScore W1645971598C187736073 @default.
- W1645971598 hasConceptScore W1645971598C198477413 @default.
- W1645971598 hasConceptScore W1645971598C199539241 @default.
- W1645971598 hasConceptScore W1645971598C27548731 @default.
- W1645971598 hasConceptScore W1645971598C2775924081 @default.
- W1645971598 hasConceptScore W1645971598C2778865806 @default.
- W1645971598 hasConceptScore W1645971598C2779785983 @default.
- W1645971598 hasConceptScore W1645971598C33923547 @default.
- W1645971598 hasConceptScore W1645971598C4249254 @default.
- W1645971598 hasConceptScore W1645971598C556758197 @default.
- W1645971598 hasConceptScore W1645971598C6177178 @default.
- W1645971598 hasConceptScore W1645971598C61797465 @default.
- W1645971598 hasConceptScore W1645971598C62520636 @default.
- W1645971598 hasConceptScore W1645971598C78458016 @default.
- W1645971598 hasConceptScore W1645971598C86803240 @default.
- W1645971598 hasConceptScore W1645971598C94625758 @default.
- W1645971598 hasIssue "4" @default.
- W1645971598 hasLocation W16459715981 @default.
- W1645971598 hasOpenAccess W1645971598 @default.
- W1645971598 hasPrimaryLocation W16459715981 @default.
- W1645971598 hasRelatedWork W12264343 @default.
- W1645971598 hasRelatedWork W1534720959 @default.
- W1645971598 hasRelatedWork W1572806467 @default.
- W1645971598 hasRelatedWork W1583790706 @default.
- W1645971598 hasRelatedWork W1599543144 @default.
- W1645971598 hasRelatedWork W1977410856 @default.
- W1645971598 hasRelatedWork W1988640861 @default.
- W1645971598 hasRelatedWork W2015774620 @default.
- W1645971598 hasRelatedWork W2030809064 @default.
- W1645971598 hasRelatedWork W2185374844 @default.
- W1645971598 hasRelatedWork W2185829373 @default.
- W1645971598 hasRelatedWork W2273314408 @default.
- W1645971598 hasRelatedWork W2341381952 @default.
- W1645971598 hasRelatedWork W253320358 @default.
- W1645971598 hasRelatedWork W2782065971 @default.
- W1645971598 hasRelatedWork W2972886767 @default.
- W1645971598 hasRelatedWork W3122245294 @default.
- W1645971598 hasRelatedWork W3125029634 @default.