The globalizability of temporal discounting.
Kai RuggeriAmma PaninMilica VdovicBojana VećkalovNazeer Abdul-SalaamJascha AchterbergCarla AkilJolly AmatyaKanchan AmatyaThomas Lind AndersenSibele D AquinoArjoon ArunasalamSarah Ashcroft-JonesAdrian Dahl AskelundNélida AyacaxliAseman Bagheri SheshdehAlexander BaileyPaula Barea ArroyoGenaro Basulto MejíaMartina BenvenutiMari Louise BergeAliya BermaganbetKatherine BibilouriLudvig Daae BjørndalSabrina BlackJohanna K Blomster LysholTymofii BrikEike Kofi BuabangMatthias BurghartAslı BursalıoğluNaos Mesfin BuzayuMartin ČadekNathalia Melo de CarvalhoAna-Maria CazanMelis ÇetinçelikValentino E ChaiPatricia ChenShiyi ChenGeorgia ClaySimone D'AmbrogioKaja DamnjanovićGrace DuffyTatianna M DugueTwinkle DwarkanathEsther Awazzi EnvuladuNikola ErcegCelia Esteban-SernaEman FarahatR A FarrokhniaMareyba FawadMuhammad FedryansyahDavid FengSilvia FilippiMatías A FonolláRené FreichelLucia FreiraMaja FriedemannZiwei GaoSuwen GeSandra J GeigerLeya GeorgeIulia GrabovskiAleksandra GrachevaAnastasia GrachevaAli HajianNida HasanMarlene HechtXinyi HongBarbora HubenáAlexander Gustav Fredriksen IkonomeasSandra IlićDavid IzydorczykLea JakobMargo JanssensHannes JarkeOndřej KáchaKalina Nikolova KalinovaForget Mingiri KapinguraRalitsa KarakashevaDavid Oliver KasdanEmmanuel KemelPeggah KhorramiJakub M KrawiecNato LagidzeAleksandra LazarevićAleksandra LazićHyung Seo LeeŽan LepSamuel LinsIngvild Sandø LofthusLucía MacchiaSalomé MamedeMetasebiya Ayele MamoLaura MaratkyzySilvana MarevaShivika MarwahaLucy McGillSharon McParlandAnișoara MelnicSebastian A MeyerSzymon MizakAmina MohammedAizhan MukhyshbayevaJoaquin NavajasDragana NeshevskaShehrbano Jamali NiaziAna Elsa Nieto NievesFranziska NippoldJulia OberschulteThiago OttoRiinu PaeTsvetelina PanchelievaSun Young ParkDaria Stefania PascuIrena PavlovićMarija B PetrovićDora PopovićGerhard M PrinzNikolay R RachevPika RancJosip RazumChristina Eun RhoLeonore RiitsaluFederica RoccaR Shayna RosenbaumJames RujimoraBinahayati RusyidiCharlotte RutherfordRand SaidInés SanguinoAhmet Kerem SarikayaNicolas SayJakob SchuckMary ShielsYarden ShirElisabeth D C SievertIrina SobolevaTina SolomoniaSiddhant SoniIrem SoysalFederica StablumFelicia T A SundströmXintong TangFelice TaveraJacqueline TaylorAnna-Lena TebbeKatrine Krabbe ThommesenJuliette Tobias-WebbAnna Louise TodsenFilippo ToscanoTran TranJason TrinhAlice TuratiKohei UedaMartina VacondioVolodymyr VakhitovAdrianna J ValenciaChiara Van ReynTina A G VenemaSanne E VerraJáchym VintrMarek A VrankaLisa WagnerXue WuKe Ying XingKailin XuSonya XuYuki YamadaAleksandra YosifovaZorana ZupanEduardo García-GarzonPublished in: Nature human behaviour (2022)
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.
Keyphrases