Construct · 1 fields · 1 citations

delay-speedup asymmetry: a standalone construct

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Behavioral economics

the finding that people demand more to delay receiving a good than they will pay to speed it up, consistent with reference-dependent intertemporal choice.

In behavioral economics, delay-speedup asymmetry refers to the finding that people demand more to delay receiving a good than they will pay to speed it up, consistent with reference-dependent intertemporal choice. This meaning comes from Loewenstein (1988) in Management Science.[1]

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Nearby constructs

asymmetry4 fields · 5 citationsjingle · one word, four constructs demand4 fields · 4 citationsjingle · one word, four constructs good2 fields · 5 citationsjingle · one word, two constructs

References

Loewenstein, G. F. (1988). Frames of Mind in Intertemporal Choice. Management Science, 34(2), 200-214. https://doi.org/10.1287/mnsc.34.2.200

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