Patience is a virtue: cooperative people have lower discount rates
Curry, Oliver S.; Price, Michael E.; and Price, Jade G.
(2008)
Patience is a virtue: cooperative people have lower discount rates.
Personality and Individual Differences, 44 (3).
pp. 780-785.
ISSN 0191-8869
Reciprocal altruism involves foregoing an immediate benefit for the sake of a greater long-term reward. It follows that individuals who exhibit a stronger preference for future over immediate rewards should be more disposed to engage in reciprocal altruism – in other words, ‘patient’ people should be more cooperative. The present study tested this prediction by investigating whether participants’ contributions in a public-good game correlated with their ‘discount rate’. The hypothesis was supported: patient people are indeed more cooperative. The paper discusses alternative interpretations of this result, and makes some suggestions for future research.
| Item Type | Article |
|---|---|
| Departments | CPNSS |
| DOI | 10.1016/j.paid.2007.09.023 |
| Date Deposited | 21 Nov 2009 15:38 |
| URI | https://researchonline.lse.ac.uk/id/eprint/25843 |