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Patience is measured here by the question "Would you rather receive 100 Euros today or x Euros in 12 months" [0] -- when I was broke, I definitely would've said
by stevens32 7y ago
Patience is measured here by the question "Would you rather receive 100 Euros today or x Euros in 12 months" [0] -- when I was broke, I definitely would've said 100 today at just about any x value. Now, going through the tree I guess my patience has gone up significantly
[0] Link under Table I in https://academic.oup.com/qje/article/133/4/1645/5025666#136862141 https://academic.oup.com/qje/article/133/4/1645/5025666#1368...