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Efficient coordination is a major source of efficiency gains. We study in an experimental coordination game with 718 children and teenagers, aged 9 to 18 years, the strategies played in pre-adulthood. We find no robust age effects in the aggregate, but see that smaller group sizes and larger...
Persistent link: https://www.econbiz.de/10015145549
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. -- social preferences ; children ; adolescents ; distributional experiment ; Austria ; Sweden …
Persistent link: https://www.econbiz.de/10009737081
In this study we explore the knowledge and beliefs regarding behavioral biases among behavioral scientists, financial … professionals, and the general population. We investigate knowledge about ten prominent biases and collect beliefs about the … knowledge levels of each of these subject pools by conducting an online survey with 547 participants. We find that knowledge …
Persistent link: https://www.econbiz.de/10015178401
We present the results of a randomized intervention in schools to study how teaching financial literacy affects risk and time preferences of adolescents. Following more than 600 adolescents, aged 16 years on average, over about half a year, we provide causal evidence that teaching financial...
Persistent link: https://www.econbiz.de/10012256256
We present direct evidence on the link between children's patience and educational-track choices years later. Combining an incentivized patience measure of 493 primary-school children with their high-school track choices taken at least three years later at the end of middle school, we find that...
Persistent link: https://www.econbiz.de/10012591184
Persistent link: https://www.econbiz.de/10003738416
It is still an ongoing discussion whether benefits resulting from reduced mortality risk should be valuated differently, depending on the age of the beneficiaries. Theory suggests that the influence of age on the value of statistical life (VSL), which is a monetary measure for reduced/prevented...
Persistent link: https://www.econbiz.de/10009731784
Since its implementation in 1990 the human development index (HDI), the flagship indicator of multidimensional development, has attracted a great deal of attention and critics in academic, political and media circles. It initiated a new stage in the discussion of appropriate indicators to...
Persistent link: https://www.econbiz.de/10009742600
We provide a novel interpretation of the estimated treatment e.ects from evaluations of parental leave reforms. Accounting for the counterfactual mode of care is crucial in the analysis of child outcomes and potential mediators. We evaluate a large and generous parental leave extension in...
Persistent link: https://www.econbiz.de/10011656113