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Social Preferences and Portfolio Choice
Riedl, Arno; Smeets, Paul - CESifo - 2013
and link them to behavior in a controlled experiment and to survey responses. We show that social preferences rather than …
Persistent link: https://www.econbiz.de/10010734704
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Economic Incentives and Social Preferences: A Preference-based Lucas Critique of Public Policy
Bowles, Samuel; Reyes, Sandra Polanía - CESifo - 2009
Policies and explicit private incentives designed for self-regarding individuals sometimes are less effective or even counterproductive when they diminish altruism, ethical norms and other social preferences. Evidence from 51 experimental studies indicates that this crowding out effect is...
Persistent link: https://www.econbiz.de/10005029261
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Impatience and Uncertainty: Experimental Decisions Predict Adolescents' Field Behavior
Sutter, Matthias; Kocher, Martin G.; Rützler, Daniela; … - CESifo - 2011
We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to … eighteen years, in an incentivized experiment and relate experimental choices to field behavior. Experimental measures of … particular, more impatient children and adolescents are more likely to spend money on alcohol and cigarettes, have a higher body …
Persistent link: https://www.econbiz.de/10009364730
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The Relationship between Economic Preferences and Psychological Personality Measures
Becker, Anke; Deckers, Thomas; Dohmen, Thomas; Falk, Armin - CESifo - 2012
Although both economists and psychologists seek to identify determinants of heterogeneity in behavior, they use different concepts to capture them. In this review we first analyze the extent to which economic preferences and psychological concepts of personality - such as the Big Five and locus...
Persistent link: https://www.econbiz.de/10010877971
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Self Control and Intertemporal Choice: Evidence from Glucose and Depletion Interventions
Kuhn, Michael A.; Kuhn, Peter; Villeval, Marie Claire - CESifo - 2014
Recent developments in economic theory model intertemporal choice decisions as problems of restraining one’s natural impulse to consume today. We use interventions that have been shown in the psychology literature to affect impulse control to examine whether this is indeed the case for...
Persistent link: https://www.econbiz.de/10010877990
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Preferences for Redistribution and Pensions. What can we Learn from Experiments?
Tausch, Franziska; Potters, Jan; Riedl, Arno - CESifo - 2010
Redistribution is an inevitable feature of collective pension schemes. Nevertheless, it is still an open question what people’s preferences are regarding this form of redistribution. This paper reviews experimental evidence on preferences regarding redistribution and asks what this evidence...
Persistent link: https://www.econbiz.de/10008498990
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Can Risk-taking Preferences be Modified? Some Experimental Evidence
Booth, Alison L.; Nolen, Patrick J. - CESifo - 2014
We summarise our two sets of controlled experiments designed to see if single-sex classes within coeducational environments modify studentsf risk]taking attitudes. In Booth and Nolen (2012b), subjects are in years 10 and 11, while in Booth, Cardona]Sosa and Nolen (2014), they are first]year...
Persistent link: https://www.econbiz.de/10010877772
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The Individual and Joint Performance of Economic Preferences, Personality, and Self-Control in Predicting Criminal Behavior
Friehe, Tim; Schildberg-Hörisch, Hannah - CESifo - 2014
We explore the individual and joint explanatory power of concepts from economics, psychology, and criminology for criminal behavior. More precisely, we consider risk and time preferences, personality traits from psychology (Big Five and locus of control), and a self-control scale from...
Persistent link: https://www.econbiz.de/10010739345
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A Note on the Design of Experiments Involving Public Goods
Graves, Philip E. - CESifo - 2010
Concern about potential free riding in the provision of public goods has a long history. More recently, experimental economists have turned their attention to the conditions under which free riding would be expected to occur. A model of free riding is provided here which demonstrates that...
Persistent link: https://www.econbiz.de/10008671727
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Are Risk Aversion and Impatience Related to Cognitive Ability?
Dohmen, Thomas; Falk, Armin; Huffman, David; Sunde, Uwe - CESifo - 2009
This paper investigates whether risk aversion and impatience are correlated with cognitive ability. We conduct incentive compatible choice experiments measuring risk aversion, and impatience over an annual time horizon, for a representative sample of roughly 1,000 German adults. A measure of...
Persistent link: https://www.econbiz.de/10005000392