An Empirical Study on Intertemporal Decision Making Under Risk
通过匹配和选择任务，比较确定性与风险情境下的时间偏好，发现平稳性公理的违反仅限于匹配行为，且确定性结果的折现率高于风险结果，但选择任务中未证实。
This study compares time preference in the cases of certainty and risk. We analyze both matching and choice behavior. We find that violations of the stationarity axiom are restricted to matching behavior, both for certainty and risk. We also compare the discounting of certain and risky outcomes as well as the discounting of gains and losses. In matching tasks, certain outcomes are discounted more than risky ones. We could not confirm these results in a choice task. Gains and losses are not found to be discounted at different rates.