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Interpreting Time Horizon Effects in Inter-Temporal Choice

Dohmen, Thomas; Falk, Armin; Huffman, David; Sunde, Uwe - CESifo - 2012

We compare different designs that have been used to test for an impact of time horizon on discounting, using real incentives and two representative data sets. With the most commonly used type of design we replicate the typical finding of declining (hyperbolic) discounting, but with other designs...

Persistent link: https://www.econbiz.de/10009651859

Interpreting Time Horizon Effects in Inter-Temporal Choice

Dohmen, Thomas J. - 2012

Persistent link: https://www.econbiz.de/10013109751

Are Risk Aversion and Impatience Related to Cognitive Ability?

Dohmen, Thomas J.; Falk, Armin; Huffman, David; Sunde, Uwe - 2021

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/10013316382

Are Risk Aversion and Impatience Related to Cognitive Ability?

Dohmen, Thomas; Falk, Armin; Huffman, David; Sunde, Uwe - CESifo - 2009

Persistent link: https://www.econbiz.de/10005000392

The Relationship between Economic Preferences and Psychological Personality Measures

Becker, Anke - 2012

experiments and representative samples and find only low degrees of association between economic preferences and personality. We … 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 of control - are related. We analyze data from incentivized laboratory …

Persistent link: https://www.econbiz.de/10013107552

Preferences for Consistency

Falk, Armin - 2011

experiment underlines the crucial role of early commitment for consistency preferences. Finally we show how preferences for …

Persistent link: https://www.econbiz.de/10013121870

Correlation Neglect in Belief Formation

Enke, Benjamin - 2013

Many information structures generate correlated rather than mutually independent signals, the news media being a prime example. This paper shows experimentally that in such contexts many people neglect these correlations in the updating process and treat correlated information as independent. In...

Persistent link: https://www.econbiz.de/10013072106

Homo Moralis : Personal Characteristics, Institutions, and Moral Decision-Making

Deckers, Thomas - 2016

This paper studies how individual characteristics, institutions, and their interaction influence moral decisions. We validate a moral paradigm focusing on the willingness to accept harming third parties. Consequences of moral decisions are real. We explore how moral behavior varies with...

Persistent link: https://www.econbiz.de/10012994702

Determinants of Trust : the Role of Personal Experiences

Schwerter, Frederik; Zimmermann, Florian - 2021

Social interactions pervade daily life and thereby create an abundance of social experiences. Such personal experiences likely shape what we believe and who we are. In this paper, we ask if and how personal experiences from social interactions determine individuals’ inclination to trust...

Persistent link: https://www.econbiz.de/10013315368

Organizations, Diffused Pivotality and Immoral Outcomes

Falk, Armin; Szech, Nora - 2021

This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for money or to save mice. We compare a Baseline treatment where subjects are fully pivotal to a Diffused-Pivotality treatment where subjects simultaneously choose in groups of...

Persistent link: https://www.econbiz.de/10013315749