Showing 1 - 10 of 2,849
study, I examine how introducing a time delay into the execution of an investment plan influences individuals' risk … preferences. The field experiment proceeded in three stages: a decision stage, an execution stage and a payout stage. At the …
Persistent link: https://www.econbiz.de/10012118320
. We use a lab experiment to elicit preferences for working under time pressure in an incentivized way by eliciting the …Many professional and educational settings require individuals to be willing and able to perform under time pressure … minimum additional payment participants require to complete a cognitive task under various levels of time pressure versus …
Persistent link: https://www.econbiz.de/10013375209
Intertemporal tradeoffs play a key role in many personal decisions and policy questions. We describe models of intertemporal choice, identify empirical regularities in choice, and pose new questions for research. The focus for intertemporal choice research is no longer whether the exponential...
Persistent link: https://www.econbiz.de/10014023383
We study the heritability of risk, uncertainty, and time preferences using a field experiment with a large sample of … marries behavioral genetics with structural econometrics. This allows us to, for the first time, quantify the heritability of … economic preference parameters directly without employing proxy measures. Our incentive-compatible experiment is the first twin …
Persistent link: https://www.econbiz.de/10014437546
incentivized way risk, time, social and competitive preferences and also cognitive abilities of university students and look for … measures of time preference: patience and present bias. Present bias explains exam grades relatively better, while patience is … better explaining GPA. Both measures of time preferences have a non-linear relation to school performance. Competitiveness …
Persistent link: https://www.econbiz.de/10011687287
Persistent link: https://www.econbiz.de/10015411210
Both economists and psychologists are interested in understanding decision making under uncertainty. Yet, they rely on different concepts to analyse human behaviour: Economists use economic preference parameters rooted in utility theory, while psychologists use personality traits to describe...
Persistent link: https://www.econbiz.de/10012851581
implications for the nature and formation of preferences. We study the tariff experiment conducted by South Central Bell where … local telephone tariffs were introduced for the first time in Louisville, KY. Households were given the choice to remain in …
Persistent link: https://www.econbiz.de/10014107895
Persistent link: https://www.econbiz.de/10014433533
Persistent link: https://www.econbiz.de/10011491926