Altruism and Patience in Choices between Financial Losses – Experimental Findings

In this empirical study (n = 102), the authors set out to investigate relation between altruism (measured with use of individual social discounting rates) and patience delays) under conditions financial losses. Thanks titration algorithm by Holt et al. (2003), Area Under Curve indicator Myerson (2001), could apply procedures assess individuals. It was found that can be but do not have positively correlated in domain economic turns occurrence a positive correlation (as often reported behavioural economics literature devoted gains) depends on temporal structure task (temporal context choice). When both loss for decision maker another person from distance scale is delayed (shifted time), correlations are observed. The latter finding novel nuances knowledge choices.