JUST VENMO ME: Does form of payment affect risk taking and intertemporal choice?

We use an experiment to examine whether form of payment (cash or mobile money) affects estimates of intertemporal choice and risk taking. We find that form of payment does not affect temporal discounting and risk taking. Given that participants prefer payment via mobile money, the results suggest th...

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Detalles Bibliográficos
Autores principales: Hoel, Jessica B., Jain, Prachi, Galaty, Bridget
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2022
Materias:
Original Paper
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9302873/
http://dx.doi.org/10.1007/s40881-022-00116-0
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author Hoel, Jessica B.
Jain, Prachi
Galaty, Bridget
author_facet Hoel, Jessica B.
Jain, Prachi
Galaty, Bridget
author_sort Hoel, Jessica B.
collection PubMed
description We use an experiment to examine whether form of payment (cash or mobile money) affects estimates of intertemporal choice and risk taking. We find that form of payment does not affect temporal discounting and risk taking. Given that participants prefer payment via mobile money, the results suggest that there are minimal concerns with using mobile money to pay participants in experimental studies.
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spelling pubmed-93028732022-07-22 JUST VENMO ME: Does form of payment affect risk taking and intertemporal choice? Hoel, Jessica B. Jain, Prachi Galaty, Bridget J Econ Sci Assoc Original Paper We use an experiment to examine whether form of payment (cash or mobile money) affects estimates of intertemporal choice and risk taking. We find that form of payment does not affect temporal discounting and risk taking. Given that participants prefer payment via mobile money, the results suggest that there are minimal concerns with using mobile money to pay participants in experimental studies. Springer US 2022-07-21 2022 /pmc/articles/PMC9302873/ http://dx.doi.org/10.1007/s40881-022-00116-0 Text en © The Author(s), under exclusive licence to Economic Science Association 2022 This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic.
spellingShingle Original Paper
Hoel, Jessica B.
Jain, Prachi
Galaty, Bridget
JUST VENMO ME: Does form of payment affect risk taking and intertemporal choice?
title JUST VENMO ME: Does form of payment affect risk taking and intertemporal choice?
title_full JUST VENMO ME: Does form of payment affect risk taking and intertemporal choice?
title_fullStr JUST VENMO ME: Does form of payment affect risk taking and intertemporal choice?
title_full_unstemmed JUST VENMO ME: Does form of payment affect risk taking and intertemporal choice?
title_short JUST VENMO ME: Does form of payment affect risk taking and intertemporal choice?
title_sort just venmo me: does form of payment affect risk taking and intertemporal choice?
topic Original Paper
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9302873/
http://dx.doi.org/10.1007/s40881-022-00116-0
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