Table 4.
Time preference and elementary-school performance. Dependent variable: Number of normative (patient) choices.
Time preference (now vs. one week)
|
||
---|---|---|
Study 1 (5) |
Study 2 (6) |
|
Standardized elementary-school math GPA | 0.2431 | 0.0041 |
(0.1158) | (0.1276) | |
[0.0801] | [0.0012] | |
Share making all normative choices | 0.2824 | 0.2267 |
Pseudo-R2 | 0.0163 | 0.0000 |
N | 85 | 75 |
Notes: Results are from ordered probit models, with standard errors in parentheses and estimated marginal effect on the probability of all normative choices (evaluated at the sample mean of the independent variables) in brackets. Dependent variable is the number of normative choices made in the given preference elicitation. See Section 2 for details of preference elicitation. Elementary school is defined as grades 1–6.