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In response to declining budgets, many school districts in the US have reduced funding for sports. In Europe, parents may respond to difficult economic times by spending less on sports clubs for their children. Such cuts are unwise if participating in sports is an investment good as well as a...
Persistent link: https://www.econbiz.de/10011404957
Previous findings on (fleeting) relative age effects in school suggest that, given innate ability, too few younger and too many older students attend academic tracks. Using a regression discontinuity design around school-specific admission thresholds, we estimate the cognitive and non-cognitive...
Persistent link: https://www.econbiz.de/10012114791
preferences can explain our findings. Analyses exploiting within the province, village-level variation in gender attitudes confirm … the importance of parental gender preferences. Consequently, large scale programs can have positive (and possibly …
Persistent link: https://www.econbiz.de/10012427167
Despite the relevance of cognitive and non-cognitive skills for professional success, their formation is not yet fully understood. This study fills part of this gap by analyzing the effect of sports club participation, one of the most popular extra-curricular activities, on children’s skill...
Persistent link: https://www.econbiz.de/10009367395
Growing interest in using personality variables in economic research leads to the question whether personality as … measured by psychology is useful to predict economic behavior. Is it reasonable to expect values on personality scales to be … predictive of behavior in economic games? It is undoubted that personality can influence large-scale economic outcomes. Whether …
Persistent link: https://www.econbiz.de/10010326411
Most evidence of hyperbolic discounting is based on violations of either stationarity or time consistency as observed in choice experiments. These choice reversals may however also result from time-varying discount rates. Hyperbolic discounting is a plausible explanation for choice reversals...
Persistent link: https://www.econbiz.de/10011403555
We study the role of heuristic versus deliberative processing in intertemporal choice. Using studies in the Democratic Republic of Congo and an online labor market, we show that waiting periods –designed to prompt deliberation by temporally separating news about choice sets from choices...
Persistent link: https://www.econbiz.de/10012978068
According to Chen's (2013) linguistic-savings hypothesis, languages which grammatically separate the future and the present (like English or Italian) induce less future-oriented behavior than languages in which speakers can refer to the future by using present tense (like German). We complement...
Persistent link: https://www.econbiz.de/10013013093
This paper experimentally examines the selection of equilibria in dynamic games. Our baseline treatment is a two-state extension of an indefinitely repeated prisoner's dilemma, which we modify in series of treatments to study the focality of efficiency and symmetry, the effect dynamic and static...
Persistent link: https://www.econbiz.de/10013019850
To accurately predict behavior economists need reliable measures of individual time preferences and attitudes toward …
Persistent link: https://www.econbiz.de/10013078528