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Chabris, C. F., Laibson, D., Morris, C. L., Schuldt, J. P., & Taubinsky, D. (2008). Individual laboratory-measured discount rates predict field behavior. Journal of Risk and Uncertainty, 37, 237-269. doi:10.1007/s11166-008-9053-x

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• TITLE: Socio-Emotional Status, Education, and Time-Discounting in Japanese Non-Smoking Population: A Multi-Generational Study

  AUTHORS: Shoko Yamane, Taiki Takahashi, Akiko Kamesaka, Yoshiro Tsutsui, Fumio Ohtake

  KEYWORDS: Time Discounting; Impulsivity; Stress; Depression; Emotion; Behavioral Economics

  JOURNAL NAME: Psychology, Vol.4 No.2, February 28, 2013

  ABSTRACT: Recent studies in behavioral economics and neuroeconomics have revealed that emotion affects impulsivity in intertemporal choice. We examined the roles of socio-emotional status (i.e., perceived stress, depression, quality of sleep, loneliness) in temporal discounting behavior by Japanese non-smokers in a generation-specific manner (20 - 70 s) with a relatively large sample size (N = 3450). We observed that 1) both men and women are the most impulsive in their 60 s; 2) education has a negative impact on impulsivity in men aged 40 - 49 and women aged 50 - 59; 3) perceived stress has a negative impact on impulsivity in men aged 60 - 69; and 4) sleeplessness has negative and positive impacts on impulsivity in men aged 40 - 49 and women aged 30 - 39, respectively. Biological and social factors underlying observed findings are discussed.