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Replication data for: Happiness and Time Preference: The Effect of Positive Affect in a Random-Assignment Experiment

Version
1
Resource Type
Dataset
Creator
  • Ifcher, John
  • Zarghamee, Homa
Publication Date
2011-12-01
Description
  • Abstract

    We conduct a random-assignment experiment to investigate whether positive affect impacts time preference, where time preference denotes a preference for present over future utility. Our result indicates that, compared to neutral affect, mild positive affect significantly reduces time preference over money. This result is robust to various specification checks, and alternative interpretations of the result are considered. Our result has implications for the effect of happiness on time preference and the role of emotions in economic decision making, in general. Finally, we reconfirm the ubiquity of time preference and start to explore its determinants. (JEL D12, D83, I31)
Availability
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Relations
  • Is supplement to
    DOI: 10.1257/aer.101.7.3109 (Text)
Publications
  • Ifcher, John, and Homa Zarghamee. “Happiness and Time Preference: The Effect of Positive Affect in a Random-Assignment Experiment.” American Economic Review 101, no. 7 (December 2011): 3109–29. https://doi.org/10.1257/aer.101.7.3109.
    • ID: 10.1257/aer.101.7.3109 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-11

Ifcher, John; Zarghamee, Homa (2011): Replication data for: Happiness and Time Preference: The Effect of Positive Affect in a Random-Assignment Experiment. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E112475V1