Jaramillo, M., López, K., Rodríguez, O. y Tocre, D. (2022). Actitudes ante el riesgo y preferencias intertemporales de los trabajadores peruanos. Documentos de Investigación, 123. Lima: GRADE.

Every individual, when making economic decisions, must evaluate different options with uncertain results that will affect their well-being at different moments in time. Based on the meeting between theoretical and experimental economics, this document estimates the risk and intertemporal consumption preferences of Peruvian workers.

The authors contribute in two ways: they study how workers make decisions considering the role of incentives in a “rational” way—only being guided by economic benefit—and also that of behavioral factors that influence decisions—such as lack of attention, cognitive ability, and preference instability.