Intervention(s)
We use a pre-existing randomized controlled trial, called the Chicago Heights Early Childhood Center (CHECC). CHECC randomized children to a preschool, a Parent Academy workshop, or the control group. Our paper will only use the preschool and control groups.
Within preschool, children were randomized to one of three curricula. Children who participated in 2010-2012 were randomized to either the Tools of the Mind curriculum or the Literacy Express curriculum. Preschool children who participated in 2012-2014 all received the CogX curriculum. The control group receives no daycare or preschool.
After children leave preschool, we revisit them in the elementary school classroom to elicit time preferences. Our task involves giving children the opportunity to choose between one glow bracelet tomorrow (sooner) or two glow bracelets the next day (later). We then surprise children with the opportunity to change their mind the next day, when the sooner option becomes available immediately. This enables us to capture patience and time inconsistency. The following week, we repeat the experiment. The only difference in execution is that after children make their first choice between one glow bracelet tomorrow or two glow bracelets the next day, we offer them a commitment device to help them stick to the option of two glow bracelets later.