Skip to: search, navigation, or content.

Indiana University Bloomington


The Kelley Advantage

The department is home to the authors of Managerial Economics and Business Strategy and Games and Information: An Introduction to Game Theory, two of the nation’s leading textbooks in the field.

Research and Publications

Journal Articles

Is Time Inconsistency Primarily a Male Problem?

2011, Applied Economics Letters

Jeff Prince, Dan Shawhan


We conduct a simple experiment, using real money, that tests whether men and woman differ in time consistency. The experiment provides strong evidence of time inconsistency among males, but no evidence of such behavior among females. Furthermore, the difference between males and females is statistically significant. This result could have important implications in marketing and in efforts to improve intertemporal decision-marking.


Prince, Jeff and Dan Shawhan (2011), “Is Time Inconsistency Primarily a Male Problem?,” Applied Economics Letters, Vol. 18, No. 6, pp. 501-504.