Stereotypes in intertemporal choice

We conduct a laboratory experiment exploring the existence of stereotypes in intertemporal decision-making. Participants were asked to predict intertemporal decisions made by third parties described only by age and gender. We find evidence of significant age and gender stereotyping with respect to intertemporal preferences. Interestingly, gender stereotyping is asymmetric across gender of respondent, with members of each gender viewing themselves as more patient than members of the other gender. We discuss these results in light of evidence of asymmetries in how physicians and other professionals provide recommendations based on a patient’s demographic characteristics.