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Time preference and intertemporal behavior are of basic importance in theoretical and applied studies of decision-making and economic analysis. Present-bias induces individuals to postpone their savings and makes the saving level less than its optimal level. This article studies the present-biased and time preferences in intertemporal consumption-saving behavior among selected students of Ferdowsi University of Mashhad. It examines the effect of interest rate on intertemporal decision-making and tests the impacts of individual factors such as past experiences, gender and consumption expenditure on present-bias. Hence, after reviewing the theoretical basics, the parameters of individual present-biased and time preferences have been estimated by “multiple price list” and “convex time budget” methods. In this experiment, participants were faced with different decision-making situations along with changes in interest rates. The results of experiment show that participants are generally present-biased in their intertemporal behavior. In addition, individuals exhibit more present bias in “multiple price list” method than “convex time budget” method.  While interest rate is an influential factor in intertemporal decision-making, but the intertemporal behavior of students is influenced by their past experiences. There is no significant relationship between gender and present bias. Furthermore, consumption expenditure was independent of present bias.

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Farmers’ trust in extension staff may improve the performance of agricultural extension services and productivity through transferred knowledge and new farming practices. Using the trust game and trust questionnaire, this study measured farmers’ trust in extension staff. Measures obtained from the two methods were statistically different. We examined the relationship between the measured trust and agricultural productivity to control socio-economic factors. The findings revealed an insignificant relationship between trust and productivity that might be due to inappropriate attributes of extension programs. This emphasizes the need for more participation of farmers in researching and structuring training programs. While age had a negative impact on trust, traditional farmers with high experience showed a high level of trust. This indicates that young farmers who mostly inherited their lands from their parents and have occupations other than farming or practice modern farming, do not trust the extension staff. Farm size positively influences productivity by reducing the number of laborers per hectare. This emphasizes that the traditional way of farming is the cause of low productivity in Iranian agriculture.