2011 Fiscal Year Final Research Report
Time-inconsistent Behavior and Efficacy of Self-control
| Project/Area Number |
20330067
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| Research Category |
Grant-in-Aid for Scientific Research (B)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Public finance/Monetary economics
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| Research Institution | Waseda University |
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Principal Investigator |
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| Co-Investigator(Kenkyū-buntansha) |
IKEDA Shinsuke 大阪大学, 社会経済研究所, 教授 (70184421)
SUSAO Masayuki 長崎大学, 経済学部, 教授 (40206454)
TAKAHASHI Taiki 北海道大学, 文学研究科・社会科学実験研究センター, 准教授 (60374170)
TSUTSUI Yoshirou 大阪大学, 大学院・経済学研究科, 教授 (50163845)
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| Project Period (FY) |
2008 – 2011
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| Keywords | 時間不整合性 / 時間割引率 / 準双曲割引 / 神経経済学 / 自制力 |
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| Research Abstract |
Time discount rate is an important factor determining decision-making between present and future. The higher(lower) time discount rate implies the present-biased(future-oriented) decision-making. Our survey studies revealed that the respondents who have higher cognitive ability and stronger self-control tend to have lower time discount rate. This result implies the possibility of education as a tool to amend the time discount rate.
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