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Waiting to choose
Imas, Alex; Kuhn, Michael A.; Mironova, Vera - 2016
We study the role of heuristic versus deliberative processing in intertemporal choice. Using studies in the Democratic Republic of Congo and an online labor market, we show that waiting periods - designed to prompt deliberation by temporally separating news about choice sets from choices...
Persistent link: https://www.econbiz.de/10011557776
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Financial literacy, experimental preference measures and field behavior : a randomized educational intervention
Sutter, Matthias; Weyland, Michael; Untertrifaller, Anna; … - 2023
-school students affects their behavior in risk and time preference tasks. Compared to two different control treatments, we find that … teaching financial literacy makes subjects behave more patiently, more time-consistent, and more risk-averse. These effects … persist for up to almost 5 years after our intervention. Behavior in the risk and time preference tasks is related to …
Persistent link: https://www.econbiz.de/10014250651
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Financial literacy, experimental preference measures and field behavior : a randomized educational intervention
Sutter, Matthias; Weyland, Michael; Untertrifaller, Anna; … - 2023 - This version: 28 April 2023
-school students affects their behavior in risk and time preference tasks. Compared to two different control treatments, we find that … teaching financial literacy makes subjects behave more patiently, more time-consistent, and more risk-averse. These effects … persist for up to almost 5 years after our intervention. Behavior in the risk and time preference tasks is related to …
Persistent link: https://www.econbiz.de/10014252029
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Financial literacy, experimental preference measures and field behavior : a randomized educational intervention
Sutter, Matthias; Weyland, Michael; Untertrifaller, Anna; … - 2023
-school students affects their behavior in risk and time preference tasks. Compared to two different control treatments, we find that … teaching financial literacy makes subjects behave more patiently, more time-consistent, and more risk-averse. These effects … persist for up to almost 5 years after our intervention. Behavior in the risk and time preference tasks is related to …
Persistent link: https://www.econbiz.de/10014261310
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Financial literacy, experimental preference measures and field behavior : a randomized educational intervention
Sutter, Matthias; Weyland, Michael; Untertrifaller, Anna; … - 2023 - This version: 28 April 2023
-school students affects their behavior in risk and time preference tasks. Compared to two different control treatments, we find that … teaching financial literacy makes subjects behave more patiently, more time-consistent, and more risk-averse. These effects … persist for up to almost 5 years after our intervention. Behavior in the risk and time preference tasks is related to …
Persistent link: https://www.econbiz.de/10014283808
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Self control and intertemporal choice : evidence from glucose and depletion interventions
Kuhn, Michael A.; Kuhn, Peter Joseph; Villeval, Marie-Claire - 2014
examine whether this is indeed the case for laboratory elicitations of time preference. In other words, is savings behavior … subjects' savings, and with evidence of a substantial placebo effects with respect to another intervention based on sugared …
Persistent link: https://www.econbiz.de/10010237286
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Intertemporal consumption and debt aversion : an experimental study
Meissner, Thomas - 2013
whether subjects treat debt differently than savings. Two treatments create environments where either saving or borrowing is …
Persistent link: https://www.econbiz.de/10010190271
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Cost misperceptions and energy consumption : experimental evidence for present bias and biased price beliefs
Werthschulte, Madeline; Löschel, Andreas - 2019
The aim of this study is to link variation in energy cost misperceptions to variation in households' energy consumption. The focus is on two sorts of misperceptions: First, present biased discounting of future energy costs and second, biased energy price beliefs. By running an artefactual field...
Persistent link: https://www.econbiz.de/10012025609
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Sophisticated Consumers with Inertia : Long-Term Implications from a Large-Scale Field Experiment
Miller, Klaus M.; Sahni, Navdeep S.; Strulov-Shlain, Avner - 2022
Consumer inertia, the tendency to remain inactive, is a robust and well-documented phenomenon. However, if consumers are aware of their future inertia they can act to mitigate its effects on their outcomes. Using a large-scale randomized field experiment with a leading European newspaper we...
Persistent link: https://www.econbiz.de/10013295915
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Sustaining Behavioral Change Through the Formation of Identity : Field Experimental Evidence
Tonke, Sebastian - 2023
This paper shows how creating a strong link between identity and behavior shapes self-perception and induces sustained behavioral change. In a large-scale field experiment to address non-payment for public services, I use messages that establish a link between payment behavior and the identity...
Persistent link: https://www.econbiz.de/10014254229