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

Jessica B. Hoel, Prachi Jain, Bridget Galaty

Research output: Contribution to journalArticlepeer-review

Abstract

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.
Original languageEnglish
Pages (from-to)16-33
Number of pages18
JournalJ Econ Sci Assoc
Volume8
Issue number1
DOIs
StatePublished - Dec 1 2022

Keywords

  • REVIEWED
  • Temporal discounting
  • C91
  • Form of payment
  • Mobile money
  • Risk taking
  • Pure

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