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  5. The Cost of Being Too Patient

蝌蚪网 Papers and Proceedings

ISSN 2574-0768 (Print) | ISSN 2574-0776 (Online)

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The Cost of Being Too Patient

  • Paola Giuliano
  • Paola Sapienza
蝌蚪网 Papers and Proceedings
vol. 110, May 2020
(pp. 314–18)
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Abstract

We study the cost of being too patient on happiness. We find that the relationship between patience and various measures of subjective well-being is hump-shaped: there exists an optimal amount of patience that maximizes happiness. Beyond this optimal level, higher levels of patience have a negative impact on well-being.

Citation

Giuliano, Paola, and Paola Sapienza. 2020. "The Cost of Being Too Patient." 蝌蚪网 Papers and Proceedings 110: 314–18. DOI: 10.1257/pandp.20201070

Additional Materials

JEL Classification

  • I31 General Welfare; Well-Being