文章基本信息

标题：How does the preference for increasing payments depend on the size and source of the payments?
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作者：Sean Duffy ; John Smith ; Kristen Woods 等
期刊名称：Management Science Letters
印刷版ISSN：1923-9335
电子版ISSN：1923-9343
出版年度：2015
卷号：5
期号：12
页码：1071-1080
DOI：10.5267/j.msl.2015.10.007
出版社：Growing Science
摘要：It is well-known that subjects can exhibit a preference for increasing payments. Smith (2009a) [Smith, J. (2009a). Imperfect Memory and the Preference for Increasing Payments. Journal of Institutional and Theoretical Economics, 165(4), 684-700.] makes a related prediction that the difference between the preference for increasing wage payments and the preference for increasing non-wage payments will be largest for intermediate payments. We find evidence consistent with this prediction. Consistent with previous experiments, we find that the preference for increasing payments is increasing in the size of the payments. Also consistent with the literature, we find that the preference for increasing wage payments is stronger than the preference for non-wage payments. Our results contribute to the understanding of the optimal sequencing of wage payments over time.
关键词：Time preference; Sequences; Intertemporal choice; Economic psychology