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A core prediction of recent "dual-self" models is that a person's risk attitudes depend on her current level of self-control. While these models have received a lot of attention, empirical studies tailored to testing their core prediction are lacking. Using two prominent models, we derive...
Persistent link: https://www.econbiz.de/10011449223
In this paper we consider a risk averse worker who is moving back and forth between employment and unemployment; layoffs are random and beyond the worker s influence, while the re-employment chance is directly affected by search effort. We characterize the worker s optimal savings and job-search...
Persistent link: https://www.econbiz.de/10011398412
Research has shown that cultural consumption has several positive effects on children's development, such as socio-emotional development, school aspirations, academic proficiency, and cultural capital formation. However, little is known empirically about the spatial distribution of cultural...
Persistent link: https://www.econbiz.de/10014349398
Do consumers change their self-medication practices when drug quality changes? We present experimental evidence on this question in the context of Burkina Faso, where self-medication with antibiotics is a prevalent practise. We conduct chemical quality testing of antibiotics and find that one in...
Persistent link: https://www.econbiz.de/10015118013
This study explores decision-making processes of promoters of financial products and financial advice services. We collect experimental evidence about how these professionals perceive their customers' needs, preferences, and biases. By focusing on the behavioral differences between expert (621)...
Persistent link: https://www.econbiz.de/10012978874
This study explores risk perceptions in social settings. Part of building business relationships involves informal activities outside of the firm where individuals can spend some time getting to know each other with the purpose of building better relationships. This study examines the social...
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