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Am I my Peer's Keeper? Social Responsibility in Financial Decision Making

Füllbrunn, Sascha; Luhan, Wolfgang J. - 2015

Decision makers often take risky decisions on the behalf of others rather than for themselves. Competing theoretical … Risikoaversion im Vergleich zur Situation, bei der der Betroffene selbst die Entscheidung trifft. Die bisherigen empirischen … Ergebnisse aus Laborexperimenten sind ebenso gemischt oder finden keine Unterschiede zwischen der Entscheidung für sich selbst …

Persistent link: https://www.econbiz.de/10010520538

Financial literacy: A barrier to seek financial advice but not a shield against following it

Sprenger, Julia - 2016

financial decision? A laboratory experiment investigates the way external information is integrated into the decision …The current study examines individual decision making in the field of personal finance. How do people arrive at a … finanziellen Entscheidung? Ein Laborexperiment untersucht, wie externe Informationen in den Entscheidungsprozess integriert werden …

Persistent link: https://www.econbiz.de/10011523996

Naïve advice in financial decision making: Hidden costs of a free offer

Sprenger, Julia - 2016

The current study examines individual decision making in the field of personal finance. A laboratory experiment … negligible. When naïve advice is given unsolicited, however, it has nevertheless a strong impact on the decision process by … financial literacy buffer this effect, issuing a warning does not. In case compliance with naïve advice leads to a low decision …

Persistent link: https://www.econbiz.de/10011567125

Choosing the Joneses : Endogenous Goals and Reference Standards

Knell, Markus; Falk, Armin - 2004

A growing economic literature stresses the importance of relative comparisons, e.g., for savings and consumption or happiness. In this literature it is usually assumed that reference standards against which people compare themselves are exogenously given. In contrast findings from social...

Persistent link: https://www.econbiz.de/10010261901

Contracts, biases and consumption of access services

Leider, Stephen G.; Sahin, Özge - 2012

We consider a consumption model that takes into account the valuation and demand uncertainties that consumers face while using access services. Typical examples of such services include telecommunication services, extended warranties for consumer electronics, and club memberships. We demonstrate...

Persistent link: https://www.econbiz.de/10010280840

Biased probability judgment: evidence of incidence and relationship to economic outcomes from a representative sample

Dohmen, Thomas; Falk, Armin; Huffman, David; Marklein, Felix - 2009

Many economic decisions involve a substantial amount of uncertainty, and therefore crucially depend on how individuals process probabilistic information. In this paper, we investigate the capability for probability judgment in a representative sample of the German population. Our results show...

Persistent link: https://www.econbiz.de/10010269033

Heatwaves as an occupational hazard: The impact of heat and heatwaves on workers' health, safety and wellbeing and on social inequalities

Narocki, Claudia - 2021

Weather-related heat exposure has become a sanitary concern given the wide repercussions it has for health. Both … of the 'non stop' economy and the contemporary management of working time. We argue here that weather-related heat stress …

Persistent link: https://www.econbiz.de/10014565951

Do output contractions trigger democratic change?

Burke, Paul J.; Leigh, Andrew - 2010

reduces the short-run likelihood of institutional change toward democracy. Output contractions due to adverse weather shocks …

Persistent link: https://www.econbiz.de/10010269675

Zur subjektiven Lebenszufriedenheit der Deutschen im Kontext von tagesspezifischen und regionalen Einflussfaktoren: Eine empirische Analyse der Validität subjektiver Lebenszufriedenheitserhebungen anhand des Glückstrends 2013

Richter, Aljoscha - 2014

untersucht, inwiefern (1) das Wetter am Befragungstag, (2) Wahlergebnisse im Vorfeld des Interviews, (3) eine indirekte … thesis, the author uses the 50.359 participants containing dataset GlücksTREND2013 to test whether (1) the weather conditions …

Persistent link: https://www.econbiz.de/10010475158

Risikomanagement in landwirtschaftlichen Betrieben: Eine Analyse der Akzeptanz von Wetterversicherungen mit Hilfe von Discrete-Choice-Experimenten : an analysis of the acceptance o...

Liebe, Ulf; Maart, Syster Christin; Mußhoff, Oliver; … - In: German Journal of Agricultural Economics (GJAE) 61 (2012) 2, pp. 63-79

index-based insurance are an alternative to classical hedging opportunities of weather risks. While science have mainly … focused on the conception, pricing and hedging effectiveness of new weather risk management instruments, a research gap exists … regarding the farmers' subjective perception of weather risks, the analysis of implemented on-farm measures for weather risk …

Persistent link: https://www.econbiz.de/10015079051