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The globalizability of temporal discounting.

Authors :
Ruggeri K
Panin A
Vdovic M
Većkalov B
Abdul-Salaam N
Achterberg J
Akil C
Amatya J
Amatya K
Andersen TL
Aquino SD
Arunasalam A
Ashcroft-Jones S
Askelund AD
Ayacaxli N
Sheshdeh AB
Bailey A
Barea Arroyo P
Mejía GB
Benvenuti M
Berge ML
Bermaganbet A
Bibilouri K
Bjørndal LD
Black S
Lyshol JKB
Brik T
Buabang EK
Burghart M
Bursalıoğlu A
Buzayu NM
Čadek M
de Carvalho NM
Cazan AM
Çetinçelik M
Chai VE
Chen P
Chen S
Clay G
D'Ambrogio S
Damnjanović K
Duffy G
Dugue T
Dwarkanath T
Envuladu EA
Erceg N
Esteban-Serna C
Farahat E
Farrokhnia RA
Fawad M
Fedryansyah M
Feng D
Filippi S
Fonollá MA
Freichel R
Freira L
Friedemann M
Gao Z
Ge S
Geiger SJ
George L
Grabovski I
Gracheva A
Gracheva A
Hajian A
Hasan N
Hecht M
Hong X
Hubená B
Ikonomeas AGF
Ilić S
Izydorczyk D
Jakob L
Janssens M
Jarke H
Kácha O
Kalinova KN
Kapingura FM
Karakasheva R
Kasdan DO
Kemel E
Khorrami P
Krawiec JM
Lagidze N
Lazarević A
Lazić A
Lee HS
Lep Ž
Lins S
Lofthus IS
Macchia L
Mamede S
Mamo MA
Maratkyzy L
Mareva S
Marwaha S
McGill L
McParland S
Melnic A
Meyer SA
Mizak S
Mohammed A
Mukhyshbayeva A
Navajas J
Neshevska D
Niazi SJ
Nieves AEN
Nippold F
Oberschulte J
Otto T
Pae R
Panchelieva T
Park SY
Pascu DS
Pavlović I
Petrović MB
Popović D
Prinz GM
Rachev NR
Ranc P
Razum J
Rho CE
Riitsalu L
Rocca F
Rosenbaum RS
Rujimora J
Rusyidi B
Rutherford C
Said R
Sanguino I
Sarikaya AK
Say N
Schuck J
Shiels M
Shir Y
Sievert EDC
Soboleva I
Solomonia T
Soni S
Soysal I
Stablum F
Sundström FTA
Tang X
Tavera F
Taylor J
Tebbe AL
Thommesen KK
Tobias-Webb J
Todsen AL
Toscano F
Tran T
Trinh J
Turati A
Ueda K
Vacondio M
Vakhitov V
Valencia AJ
Van Reyn C
Venema TAG
Verra SE
Vintr J
Vranka MA
Wagner L
Wu X
Xing KY
Xu K
Xu S
Yamada Y
Yosifova A
Zupan Z
García-Garzon E
Source :
Nature human behaviour [Nat Hum Behav] 2022 Oct; Vol. 6 (10), pp. 1386-1397. Date of Electronic Publication: 2022 Jul 11.
Publication Year :
2022

Abstract

Economic inequality is associated with preferences for smaller, immediate gains over larger, delayed ones. Such temporal discounting may feed into rising global inequality, yet it is unclear whether it is a function of choice preferences or norms, or rather the absence of sufficient resources for immediate needs. It is also not clear whether these reflect true differences in choice patterns between income groups. We tested temporal discounting and five intertemporal choice anomalies using local currencies and value standards in 61 countries (N = 13,629). Across a diverse sample, we found consistent, robust rates of choice anomalies. Lower-income groups were not significantly different, but economic inequality and broader financial circumstances were clearly correlated with population choice patterns.<br /> (© 2022. The Author(s).)

Subjects

Subjects :
Humans
Delay Discounting

Details

Language :
English
ISSN :
2397-3374
Volume :
6
Issue :
10
Database :
MEDLINE
Journal :
Nature human behaviour
Publication Type :
Academic Journal
Accession number :
35817934
Full Text :
https://doi.org/10.1038/s41562-022-01392-w