CFP:’Time Preference and Time Horizon in Historical Perspective’

Reblogged from The Past Speaks:

The Past Speaks

AS: I’m sharing this CFP for a very interesting workshop on the history of time preferences. The CFP is particularly important in light of the ongoing research on so-called patient capital, which is the subject of the current issue of the Socio-Economic Review.

I haven’t yet read the paper mentioned in the CFP, so I’m wondering whether the focus of the workshop will be solely on cross-national and cross-temporal variations in the time preferences of individuals or whether changes in the revealed time preferences of business corporations and other large organizations will also be a theme of the workshop. I ask because the time preferences of US corporations appear to have changed dramatically in the last generation (for the current debates on short-termism, see here, here, and here) while there isn’t much evidence that the mix of time preferences among the individuals who make up the US population. The…

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