The cost of being too patient
NBER Working Paper No. 26677
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.
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Document Object Identifier (DOI): 10.3386/w26677
Published: Paola Giuliano & Paola Sapienza, 2020. "The Cost of Being Too Patient," AEA Papers and Proceedings, vol 110, pages 314-318. citation courtesy of