Showing 1 - 10 of 18
We study whether and how parents interfere paternalistically in their children’s intertemporal decision-making. Based … on experiments with over 2,000 members of 610 families, we find that parents anticipate their children’s present bias and … aim to mitigate it. Using a novel method to measure parental interference, we show that more than half of all parents are …
Persistent link: https://www.econbiz.de/10013250733
are consistent with these grades being insufficiently salient for students to alter actual student behaviors …
Persistent link: https://www.econbiz.de/10013213782
effects on school grades, but these negative effects are largely confined to children born extremely preterm (<28 weeks of … gestation, i.e. born at least 10 weeks earlier). Children born moderately preterm (i.e. born up to 5 weeks early) suffer no ill … school environment is very important for the outcomes of preterm born children, such that those born extremely preterm that …
Persistent link: https://www.econbiz.de/10012861393
Persistent link: https://www.econbiz.de/10012115870
We propose a new criterion which reflects both the concern for welfare (utility) and the concern for rights in the evaluation of economic development paths. The concern for rights is captured by a pre-ordering over combinations of thresholds (floors or ceilings on various quantitative...
Persistent link: https://www.econbiz.de/10013091469
We study the interplay between intragenerational and intergenerational equity in an economy with two countries producing and consuming from national capital stocks. We characterize the sustainable development path that a social planner would implement to achieve intertemporal egalitarianism. If...
Persistent link: https://www.econbiz.de/10013239334
The welfare state is not merely a stand-in for missing markets; it can do a whole lot more. When generations overlap and the young must borrow to make educational investments, a dynamically-efficient welfare state, by taxing the middle-aged and offering a compensatory old-age pension, can...
Persistent link: https://www.econbiz.de/10013077021
We describe a “business as usual” (BAU) economy in which pollution is a by-product of productive activity by the current generation but “damages” production for future generations. Over time, conditions in the BAU economy become dire: it gets increasingly polluted, consumption falls and...
Persistent link: https://www.econbiz.de/10012981351
influence of children’s cognitive skills and parents’ socioeconomic background on cooperation. …We study the development of cooperation in 929 young children, aged 3 to 6. In a unified experimental framework, we … game. We find that third-party punishment doubles cooperation rates in comparison to a control condition. Children also …
Persistent link: https://www.econbiz.de/10012799704
dilemmas and maintening public goods in human societies. We study the development of cooperation in 929 young children, aged 3 … of defectors is applied. Children also engage in reciprocating others, showing that reciprocity strategies are already … young children fail to anticipate the benefits of reputation building. We also show that the cognitive skills of children …
Persistent link: https://www.econbiz.de/10012599232