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The cost of being too patient
Paola Giuliano
& Paola Sapienza
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Working Paper 26677
DOI 10.3386/w26677
Issue Date January 2020
We study the cost of being too patient on happiness. We find that the relationship between patience and various measures of subjective well-being is hump-shaped: it exists an optimal amount of patience that maximizes happiness. Beyond this optimal level, higher levels of patience have a negative impact on well-being.
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The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.
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Paola Giuliano and Paola Sapienza, "The cost of being too patient," NBER Working Paper 26677 (2020), https://doi.org/10.3386/w26677.
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Paola Giuliano & Paola Sapienza, 2020. "The Cost of Being Too Patient," AEA Papers and Proceedings, vol 110, pages 314-318. citation courtesy of
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Microeconomics
Behavioral Economics
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