Time discounting (d) and pain anticipation: experimental evidence Brañas Garza, Pablo Espinosa, María Paz Repollés, María Pain anticipation Impatience Health Discount This paper deals with pain anticipation experienced before medical procedures. Our experimental results show that individuals with lower discount factors are more prone to suffer pain in advance. We provide a framework to rationalize the connection between pain anticipation and impatience. In this set up, more impatient subjects, who only value very near events, take into account mainly the negative effects of medical procedures (just the costs) whereas more patient individuals have a net positive valuation of medical events (given that they value both the cost incurred now and all the benefits accrued in the future). 2014-05-06T06:51:08Z 2014-05-06T06:51:08Z 2010 report Brañas-Garza, P.; Espinosa, M.P.; Repolles, M. Time discounting (d) and pain anticipation: experimental evidence. Universidad de Granada. Departamento de Teoría e Historia Económica (2010). (The Papers; 10/13). [http://hdl.handle.net/10481/31570] http://hdl.handle.net/10481/31570 eng The Papers;10/13 http://creativecommons.org/licenses/by-nc-nd/3.0/ open access Creative Commons Attribution-NonCommercial-NoDerivs 3.0 License Universidad de Granada. Departamento de Teoría e Historia Económica