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Are Risk Aversion and Impatience Related to Cognitive Ability?

Dohmen, Thomas J; Falk, Armin; Huffman, David; Sunde, Uwe - C.E.P.R. Discussion Papers - 2007

Is the way that people make risky choices, or tradeoffs over time, related to cognitive ability? This paper investigates whether there is a link between cognitive ability, risk aversion, and impatience, using a representative sample of the population and incentive compatible measures. We conduct...

Persistent link: https://www.econbiz.de/10005067556

Are Risk Aversion and Impatience Related to Cognitive Ability?

Dohmen, Thomas J; Falk, Armin; Huffman, David; Sunde, Uwe - C.E.P.R. Discussion Papers - 2008

Persistent link: https://www.econbiz.de/10005666531

Gender Differences in Risk Aversion: Do Single-Sex Environments Affect their Development?

Booth, Alison L; Cardona Sosa, Lina; Nolen, Patrick - C.E.P.R. Discussion Papers - 2011

Single-sex classes within coeducational environments are likely to modify students' risk-taking attitudes in economically important ways. To test this, we designed a controlled experiment using first year college students who made choices over real-stakes lotteries at two distinct dates....

Persistent link: https://www.econbiz.de/10009365004

Investing in schooling in Chile: The role of information about financial aid for higher education

Dinkelman, Taryn; Martínez A, Claudia - C.E.P.R. Discussion Papers - 2011

Recent research demonstrates that imperfect information about returns to education distorts schooling investments. Questions remain about what information is missing in different settings and for whom such information is most critical. We conducted a field experiment to investigate whether Grade...

Persistent link: https://www.econbiz.de/10009003691

Schooling and Youth Mortality: Learning from a Mass Military Exemption

Cipollone, Piero; Rosolia, Alfonso - C.E.P.R. Discussion Papers - 2011

We examine the relationship between education and mortality in a young population of Italian males. In 1981 several cohorts of young men from specific southern towns were unexpectedly exempted from compulsory military service after a major quake hit the region. Comparisons of exempt cohorts from...

Persistent link: https://www.econbiz.de/10009148878

‘The Child is Father of the Man:’ Implications for the Demographic Transition

de la Croix, David; Licandro, Omar - C.E.P.R. Discussion Papers - 2007

We propose a new theory of the demographic transition based on the evidence that body development during childhood is …, adult life expectancy and economic growth. Consistent with the empirical evidence, a distinctive implication of our theory …

Persistent link: https://www.econbiz.de/10005124210

Reference Points and Effort Provision

Abeler, Johannes; Falk, Armin; Götte, Lorenz; Huffman, … - C.E.P.R. Discussion Papers - 2009

A key open question for theories of reference-dependent references is what determines the reference point. One candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment, we manipulate the rational expectations of subjects and...

Persistent link: https://www.econbiz.de/10005791668

Reference-Dependent Preferences and Loss Aversion: A Discrete Choice Experiment In the Health-Care Sector

Neuman, Einat; Neuman, Shoshana - C.E.P.R. Discussion Papers - 2007

A Discrete Choice Experiment (DCE) in the health-care sector is used to test the loss aversion theory that is derived … paper is the first to use a DCE to test the loss aversion theory. A DCE appears to be a highly suitable tool for this … with non-tangible attributes. A health-care event is used for empirical illustration: The loss aversion theory is tested …

Persistent link: https://www.econbiz.de/10005792351

On the Origin of the Family

Francesconi, Marco; Ghiglino, Christian; Perry, Motty - C.E.P.R. Discussion Papers - 2010

This paper presents an overlapping generations model to explain why humans live in families rather than in other pair groupings. Since most non-human species are not familial, something special must be behind the family. It is shown that the two necessary features that explain the origin of the...

Persistent link: https://www.econbiz.de/10008468712

The Impact of the Iraq War on US Consumer Goods Sales in Arab Countries

Clerides, Sofronis; Davis, Peter; Michis, Antonis - C.E.P.R. Discussion Papers - 2010

Did the rise in anti-American sentiment caused by the Iraq war affect sales of US goods abroad? We address this question using data on soft drink and fabric detergent sales in nine Arab countries. We find a statistically significant negative impact of the war on sales of US soft drinks in seven...

Persistent link: https://www.econbiz.de/10008684679