A History of Violence: Field Evidence on How Trauma Effects Time Discounting and Present Bias
Source: Center for Effective Global Action, 2015
Author(s): Alex Imas, Michael Kuhn, and Vera Mironova
Democratic Republic of the Congo
This paper demonstrates the impact of exposure to violence on individuals’ time preferences, specifically their degree of present bias. Prior work has shown a weak or insignificant effect of violence on a general measure of time preferences. We designed an experiment that allows us to separately identify the effects of...