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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
Economic preferences – like time, risk and social preferences – have been shown to be very influential for real … that has examined how and when economic preferences are formed, putting particular emphasis on the role of … intergenerational transmission of economic preferences within families. Our paper is the first to run incentivized experiments with …
Persistent link: https://www.econbiz.de/10012920869
We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to …
Persistent link: https://www.econbiz.de/10009364730
Markets are ubiquitous in our daily life and, despite many imperfections, they are a great source of human welfare. Nevertheless, there is a heated recent debate on whether markets erode social responsibility and moral behavior. In fact, competitive pressure on markets may create strong...
Persistent link: https://www.econbiz.de/10012984504
We study experimentally the protection of property in five widely distinct countries - Austria, Mexico, Mongolia, South Korea and the United States. Our main results are that the security of property varies with experimental institutions, and that our subject pools exhibit significantly...
Persistent link: https://www.econbiz.de/10013315835
We study how the distribution of other-regarding preferences develops with age. Based on a set of allocation choices …
Persistent link: https://www.econbiz.de/10013316068
We study how the distribution of other-regarding preferences develops with age. Based on a set of allocation choices …
Persistent link: https://www.econbiz.de/10008853854