Showing 1 - 10 of 10
Using unique panel data, we compare cognitive performance and wagering behavior of children (10-11 years) with adults playing in the Swedish version of the TV-shows Jeopardy and Junior Jeopardy. Although facing the same well-known high-stakes game, and controlling for performance differences,...
Persistent link: https://www.econbiz.de/10010736749
This article empirically investigates the common assumption of economic agents’ capabilities to process complex mathematical problems to find optimal strategies applied in economic modelling. By exploiting a design difference in the game show <italic>Jeopardy</italic> between the US and Sweden, we obtain a...
Persistent link: https://www.econbiz.de/10010971192
Persistent link: https://www.econbiz.de/10011035063
This paper empirically investigates the rationality assumption commonly applied in economic modeling by exploiting a design difference in the game-show Jeopardy between the US and Sweden. In particular we address the assumption of individuals’ capabilities to process complex mathematical...
Persistent link: https://www.econbiz.de/10005644752
Men and women’s labor market outcomes differ along pay, promotion and competitiveness. This paper contributes by uncovering results in a related unexplored field using unique data on individual wage bargaining. We find striking gender differences. Women, like men, also bargain, but they submit...
Persistent link: https://www.econbiz.de/10005644753
Recent economics literature has devoted attention towards motives beyond the typical selfish norm for economic decision-making. Yet, it still remains a puzzle who allows such considerations to govern their behavior. This paper contributes by empirically identifying some features which...
Persistent link: https://www.econbiz.de/10005644762
This paper shows that one out of eight investors chooses ethical funds and foregoes return for ethical principles. However, few screen completely. Human capital, being female and "empathetic" professions all predict ethical decision-making. Interestingly, neither income nor wealth explains...
Persistent link: https://www.econbiz.de/10008551319
We use data from the Swedish Financial Supervisory 2010 consumer survey to look at levels of financial literacy and retirement planning in the Swedish population. The results indicate that many adults have low financial literacy. In general, financial literacy levels are lower among the young,...
Persistent link: https://www.econbiz.de/10009318416
We examine the relationship between financial literacy and retirement planning in a representative sample of Swedish adults. We find significant differences in financial literacy between planners and non-planners. Financial literacy levels are also lower among older people, women and those with...
Persistent link: https://www.econbiz.de/10008922719
Exploiting a natural experiment in Jeopardy we find that, despite no strategic gain, females switch to a more conservative wagering if playing against men only. Our findings complement experimental findings highlighting how gender differences in risk-taking can be socially driven.
Persistent link: https://www.econbiz.de/10009146112