Abstract
A pilot study with 257 adult (16+ years) Tsimane' Indians, a group of horticulturalists and foragers, in the Bolivian rain forest was done to test hypotheses about the socioeconomic and demographic covariates of time preference. Subjects were asked to make a choice between receiving one candy now or two candies at the end of an interview that lasted 1.5 to 2 h. Results of a multivariate probit regression suggest that education was associated with greater desire for immediate gratification and illness was associated with greater likelihood of willingness to wait. Age, sex, nutritional status, income, and wealth played a weak role in willingness to delay gratification.
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