Showing 1 - 10 of 10
Inequality of opportunity strikes when two children with the same academic performance are sent to different quality schools because their parents differ in socio-economic status. Based on a novel dataset for Germany, we demonstrate that children are significantly less likely to enter the...
Persistent link: https://www.econbiz.de/10012269452
Inequality of opportunity strikes when two children with the same academic performance are sent to different quality schools because their parents differ in socio-economic status. Based on a novel dataset for Germany, we demonstrate that children are significantly less likely to enter the...
Persistent link: https://www.econbiz.de/10012830107
This study presents descriptive and causal evidence on the role of the social environment in shaping the accuracy of self-assessment. We introduce a novel incentivized measurement tool to measure the accuracy of self-assessment among children and use this tool to show that children from high...
Persistent link: https://www.econbiz.de/10012227648
This study presents descriptive and causal evidence on the role of the social environment in shaping the accuracy of self-assessment. We introduce a novel incentivized measurement tool to measure the accuracy of self-assessment among children and use this tool to show that children from high...
Persistent link: https://www.econbiz.de/10012832201
This paper investigates whether risk aversion and impatience are correlated with cognitive ability. We conduct incentive compatible choice experiments measuring risk aversion, and impatience over an annual time horizon, for a representative sample of roughly 1,000 German adults. A measure of...
Persistent link: https://www.econbiz.de/10010264614
develop a choice model of survey response behavior under the assumption that the respondent has imperfect self-knowledge about … characteristics increases in self-knowledge and that the variance for a given characteristic over time is non-monotonic in self-knowledge …. Importantly, the ratio of these variances identifies an individual's level of self-knowledge, i.e. the latter can be inferred from …
Persistent link: https://www.econbiz.de/10012657885
This paper presents new evidence on the distribution of risk attitudes in the population, using a novel set of survey questions and a representative sample of roughly 22,000 individuals living in Germany. Using a question that asks about willingness to take risks in general, on an 11-point...
Persistent link: https://www.econbiz.de/10005123605
Is the way that people make risky choices, or tradeoffs over time, related to cognitive ability? This paper investigates whether there is a link between cognitive ability, risk aversion, and impatience, using a representative sample of the population and incentive compatible measures. We conduct...
Persistent link: https://www.econbiz.de/10005067556
Is the way that people make risky choices, or tradeoffs over time, related to cognitive ability? This paper investigates whether there is a link between cognitive ability, risk aversion, and impatience, using a representative sample of the population and incentive compatible measures. We conduct...
Persistent link: https://www.econbiz.de/10005666531
develop a choice model of survey response behavior under the assumption that the respondent has imperfect self-knowledge about … characteristics increases in self-knowledge and that the variance for a given characteristic over time is non-monotonic in self-knowledge …. Importantly, the ratio of these variances identifies an individual’s level of self-knowledge, i.e. the latter can be inferred from …
Persistent link: https://www.econbiz.de/10013219070