Replication data for: Happiness and Time Preference: The Effect of Positive Affect in a Random-Assignment Experiment

John Ifcher & Homa Zarghamee
We conduct a random-assignment experiment to investigate whether positive affect impacts time preference, where time preference denotes a preference for present over future utility. Our result indicates that, compared to neutral affect, mild positive affect significantly reduces time preference over money. This result is robust to various specification checks, and alternative interpretations of the result are considered. Our result has implications for the effect of happiness on time preference and the role of emotions in...
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