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Archana Dang on Savings, Self-Control and Obesity Patterns

Ideas of India

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How to Measure Impatience, Patience and Self Control

Riht: The idea behind doing a survey in daly was to get direct measures of self or control and patience. And wedo that using a field experiment where we ask respondents whether they would prefer a smaller amount to day or a larger payment, which is available on a later date. If they choose former option more often, they are more likely to be impatient. But if they choose latter more often,. they are morelikely to be patient. Riht: To what extent does that work in an indian millew so for instance, you know, in india, a lot of people may not save as much because there is a big social safety net provided by extended families

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