The cost of being too patient
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: it exists an optimal amount of patience that maximizes happiness. Beyond this optimal level, higher levels of patience have a negative impact on well-being.
Paola Giuliano & Paola Sapienza, 2020. "The Cost of Being Too Patient," AEA Papers and Proceedings, vol 110, pages 314-318. citation courtesy of