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Stereotypes in intertemporal choice

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  • McLeish, Kendra N.
  • Oxoby, Robert J.

Abstract

We conduct a laboratory experiment exploring the existence of stereotypes in intertemporal decision-making. Participants were asked to predict intertemporal decisions made by third parties described only by age and gender. We find evidence of significant age and gender stereotyping with respect to intertemporal preferences. Interestingly, gender stereotyping is asymmetric across gender of respondent, with members of each gender viewing themselves as more patient than members of the other gender. We discuss these results in light of evidence of asymmetries in how physicians and other professionals provide recommendations based on a patient's demographic characteristics.

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  • McLeish, Kendra N. & Oxoby, Robert J., 2009. "Stereotypes in intertemporal choice," Journal of Economic Behavior & Organization, Elsevier, vol. 70(1-2), pages 135-141, May.
    • Handle: RePEc:eee:jeborg:v:70:y:2009:i:1-2:p:135-141
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    References listed on IDEAS

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    9. Eckel, Catherine C & Grossman, Philip J, 2001. "Chivalry and Solidarity in Ultimatum Games," Economic Inquiry, Western Economic Association International, vol. 39(2), pages 171-188, April.
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    2. Sophie Clot & Gilles Grolleau & Lisette Ibanez, 2020. "Projection bias in environmental attitudes and behavioral intentions," CEE-M Working Papers hal-02874044, CEE-M, Universtiy of Montpellier, CNRS, INRA, Montpellier SupAgro.
    3. Clot, Sophie & Grolleau, Gilles & Ibanez, Lisette, 2022. "Projection bias in environmental beliefs and behavioural intentions - An application to solar panels and eco-friendly transport," Energy Policy, Elsevier, vol. 160(C).
    4. de Oliveira, Angela C.M. & Jacobson, Sarah, 2021. "(Im)patience by proxy: Making intertemporal decisions for others," Journal of Economic Behavior & Organization, Elsevier, vol. 182(C), pages 83-99.
    5. Julia M. Puaschunder, 2021. "Law and Economics," RAIS Conference Proceedings 2021 0117, Research Association for Interdisciplinary Studies.
    6. Lu, Yang & Zhuang, Xintian, 2014. "The impact of gender and working experience on intertemporal choices," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 409(C), pages 146-153.
    7. Franziska Ziegelmeyer & Michael Ziegelmeyer, 2016. "Parenting is risky business: parental risk attitudes in small stakes decisions on behalf of their children," Review of Economics of the Household, Springer, vol. 14(3), pages 599-623, September.
    8. William J. Skylark & George D. Farmer & Nadia Bahemia, 2021. "Inference and preference in intertemporal choice," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 16(2), pages 422-459, March.

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