The objective of this paper is to measure and compare the subjective time discounting of professional athletes and nonathletes. By using a questionnaire, we found higher subjective discounting for professional athletes than for non-athletes. We also found that the professional athletes' win-orientation positively affected their present preferences. On the other hand, professional athletes' play- orientation, which reflects their attitude towards the game itself, negatively affected their present preferences. No such effects were found in non-athletes. We argue that the "win-at-all-costs" competitive approach that leads athletes to sacrifice everything in order to win may cause (or reflect) their higher preference for the present.
|Number of pages||10|
|Journal||Judgment and Decision Making|
|State||Published - 1 Aug 2011|
- Play orientation
- Risk aversion
- Time preference
- Win orientation