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Financial literacy and economic preferences are considered to be important drivers of health, income, and general well-being. In this paper we bridge the gap between studies on financial literacy and research on economic preferences by how they interplay with each other and the field behavior of...
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eighteen years, in an incentivized experiment. We relate experimental choices to field behavior. Experimental measures of … field behavior. -- experiments with children and adolescents ; risk ; ambiguity ; time preferences ; health status ; savings …
Persistent link: https://www.econbiz.de/10009737080
savings in anticipation of the consolidation and may start to reduce their savings to support consumption once it occurs. We … design a laboratory experiment to study the conditions under which the expectations channel operates. Our results indicate …
Persistent link: https://www.econbiz.de/10010509128
experiment is related to children’s risk attitudes and intertemporal choices. Examining such a relationship is motivated by …
Persistent link: https://www.econbiz.de/10010401354
Time preferences drive decisions in many economic situations, such as investment contexts or salary negotiations. These situations are characterized by a very short time frame for decision making. Preferences are potentially susceptible to the confounding effects of time pressure, as proposed by...
Persistent link: https://www.econbiz.de/10011523286
a prisoner's dilemma game affects behavior and leads to discrimination. Running a framed field experiment with 828 six …
Persistent link: https://www.econbiz.de/10010529903
, because the economics literature on group decision making has, so far, assumed homogeneity within groups. In a lab experiment …
Persistent link: https://www.econbiz.de/10012019615
Persistent link: https://www.econbiz.de/10008655973
In a duopoly market, aspiration levels express how much sellers want to earn given their expectations about the other's behavior. We augment the sellers' decision task by eliciting their profit aspiration. In a first experimental phase, whenever satisficing is not possible, sales choices, point...
Persistent link: https://www.econbiz.de/10009734685