Yep and that problem becomes way more clear when you read the supplemental material that includes the actual question for measuring 'patience' [0 page 12-13]: T

Yep and that problem becomes way more clear when you read the supplemental material that includes the actual question for measuring 'patience' [0 page 12-13]: They were given 5 rounds of the question "Would you take 100 Euro now or X euro in 12 months" Where X starts at 151 and goes through the tree on page 13 to assign you a patience score. The less you were willing to accept to wait 12 months the more patient you are. This is clearly going to be affected a lot by how much 100 euros is relative to your current living situation. [0] https://oup.silverchair-cdn.com/oup/backfile/Content_public/Journal/qje/133/4/10.1093_qje_qjy013/5/qjy013_supplemental_file.pdf?Expires=1564656841&Signature=p1Dj67CbYBZIqvz0zdlLcUjtCclHbE6VedfxLA1pPNSpT8rHiMILaSQqNuN02yZI~On8EzpQbLF0lTYth-k-6gH~46IwNQoWJWihgSkgTFmGD4jd1tt-PqQFYmjivrrJtX-ckl3OTXMMKseUHtjC3R4375ZeFi4if5KGhLvT90i8PQpx1YU0dtuwpQKWrDwvjr5txo22z2suHNSzR7Cbx9mhuM~LJVnbGjvjcQzwkRlORV7Lm4IfMf-idKzexR8DkzO2wQoj5Q9XKCLuDI1Lv5ldaTNGmrkNArmayam0w7j69HCWFqOhCuCF6MZErVm9Yq1eUf~rb21CzCkhD-ap5g__&Key-Pair-Id=APKAIE5G5CRDK6RD3PGA https://oup.silverchair-cdn.com/oup/backfile/Content_public/...