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This paper presents new evidence on the distribution of risk attitudes in the population, using a novel set of survey questions and a representative sample of roughly 22,000 individuals living in Germany. Using a question that asks about willingness to take risks in general, on an 11-point...
Persistent link: https://www.econbiz.de/10005123605
Typically, laboratory experiments suffer from homogeneous subject pools and self-selection biases. The usefulness of survey data is limited by measurement error and by the questionability of their behavioural relevance. Here we present a method integrating interactive experiments and...
Persistent link: https://www.econbiz.de/10005661984
This paper provides first a concise overview of institutional day-care arrangements and their extent in the former GDR. Then institutional and infrastructural changes since German re-unification in 1990 are briefly discussed. In the empirical part, data from the German Socio-Economic Panel...
Persistent link: https://www.econbiz.de/10005565970