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You can win by losing! : using self-betting as a commitment device : evidence from a weight loss program
Hirt-Schierbaum, Linda; Ivets, Maryna - 2020
In this paper we investigate the influence of financial incentives on agents’ commitment success who use a self-bet mechanism to overcome their self-control problems. We use results from the theoretical model developed in Hirt-Schierbaum and Ivets (2020) that allows for heuristic bias in...
Persistent link: https://www.econbiz.de/10012320610
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Incentivizing motivation and self-control preferences
Hirt-Schierbaum, Linda; Ivets, Maryna - 2021
In diesem Papier entwickeln wir ein theoretisches Modell bezüglich Selbstkontrolle, Motivation und Selbstverpflichtung … Selbstkontrolle ausüben, um der Versuchung zu widerstehen. Ein zufälliger, zeitvariabler Grad der Motivation wird eingeführt, um seine …
Persistent link: https://www.econbiz.de/10012422193
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Values, attitudes and economic behavior
Roos, Michael W. M. - 2018
In this paper, I propose a simple model in which behavior is determined by the individual's attitude towards the behavior and the attitude depends on the individual's values. The model is based on the Schwartz theory of human values, which is very prominent in social psychology. Values are...
Persistent link: https://www.econbiz.de/10011932108
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Does height affect labor supply? : implications of product variety and caloric needs
Micheli, Martin - 2015
die Annahme, die Körpergröße habe keinen weiteren Einfluss auf den individuellen Nutzen, spräche dies für eine Ausrichtung … Einkommen, sondern über weitere Kanäle auch den Nutzen eines Individuums beeinflusst. Ein höherer Kalorienverbrauch großer …, welche einen empirischen Test auf die Relevanz der beiden Kanäle erlaubt. Wir nutzen das Deutsche Sozioökonomische Panel, um …
Persistent link: https://www.econbiz.de/10011299083
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Consistent subsets : computationally feasible methods to compute the Houtman-Maks-index
Heufer, Jan; Hjertstrand, Per - 2014
We provide two methods to compute the largest subset of a set of observations that is consistent with the Generalised Axiom of Revealed Preference. The algorithm provided by Houtman and Maks (1985) is not comput ationally feasible for larger data sets, while our methods are not limited in that...
Persistent link: https://www.econbiz.de/10010442321
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Generating random optimising choices
Heufer, Jan - 2012
This paper provides an efficient way to generate a set of random choices on a set of budgets which satisfy the Generalised Axiom of Revealed Preferences (GARP), that is, they are consistent with utility maximisation. The choices are drawn from an approximate uniform distribution on the...
Persistent link: https://www.econbiz.de/10009580101
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Stochastic dominance and nonparametric comparative revealed risk aversion
Heufer, Jan - 2011
It is shown how to test revealed preference data on choices under uncertainty for consistency with first and second order stochastic dominance (FSD or SSD). The axiom derived for SSD is a necessary and sufficient condition for risk aversion. If an investor is risk averse, stochastic dominance...
Persistent link: https://www.econbiz.de/10009580236
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Fixed amount saving and the permanent income hypothesis
Vosen, Simeon - 2012
According to the German SAVE survey, more than 40 percent of households regularly save fixed amounts rather than flexibly adjusting savings to income variations as assumed by the Permanent Income Hypothesis (PIH). Fixed amount saving behaviour could thus imply a challenge to PIH-based standard...
Persistent link: https://www.econbiz.de/10009668279
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Revealed notions of distributive justice II : experimental evidence
Becker, Nicole; Häger, Kirsten; Heufer, Jan - 2013
We report the results of a combination of a dictator experiment with either a “social planner” or a “veil of ignorance” experiment. The experimental design and the analysis of the data are based on the theoretical framework proposed in the companion paper by Becker, Häger, and Heufer...
Persistent link: https://www.econbiz.de/10010192931
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Revealed notions of distributive justice I : theory
Becker, Nicole; Häger, Kirsten; Heufer, Jan - 2013
We provide a framework to decompose preferences into a notion of distributive justice and a selfishness part and to recover individual notions of distributive justice from data collected in appropriately designed experiments. “Dictator games” with varying transfer rates used in Andreoni and...
Persistent link: https://www.econbiz.de/10010192945