@TechReport{iza:izadps:dp14059, author={Chopra, Felix and Eisenhauer, Philipp and Falk, Armin and Graeber, Thomas W}, title={Intertemporal Altruism}, year={2021}, month={Jan}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={14059}, url={https://www.iza.org/publications/dp14059}, abstract={Standard consumption utility is linked in time to a consumption event, whereas the timing of prosocial utility flows is ambiguous. Prosocial utility may depend on the actual utility consequences for others -- it is consequence-dated -- or it may be related to the act of giving and is thus choice-dated. Even though most prosocial decisions involve intertemporal trade-offs, existing models of other-regarding preferences abstract from the time signature of utility flows, limiting their explanatory scope. Building on a canonical intertemporal choice framework, we characterize the behavioral implications of the time structure of prosocial utility. We conduct a high-stakes donation experiment that allows us to identify non-parametrically and calibrate structurally the different motives from their unique time profiles. We find that the universe of our choice data can only be explained by a combination of choice- and consequence-dated prosocial utility. Both motives are pervasive and negatively correlated at the individual level.}, keywords={altruism;intertemporal decision-making;donation;time inconsistency}, }