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Updated: Mar 7, 2026

Measuring Delay Discounting in Humans Using an Adjusting Amount Task
Published on: January 9, 2016
Emma Aguila1, Orazio Attanasio2, Costas Meghir3
1RAND.
This study finds no evidence of the retirement consumption puzzle. Using comprehensive nondurable expenditure data, we show consumption does not sharply decline after retirement, challenging prior research.
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