Showing 1 - 10 of 30
We summarise our two sets of controlled experiments designed to see if single-sex classes within coeducational environments modify students' 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/10010344873
We measure individual-level loss aversion using three incentivized, representative surveys of the U.S. population (combined N = 3,000). We find that around 50% of the U.S. population is loss tolerant, with many participants accepting negative-expected-value gambles. This is counter to earlier...
Persistent link: https://www.econbiz.de/10013284901
Overbidding in second-price auctions (SPAs) has been shown to be persistent and associated with cognitive ability. We study experimentally to what extent cross-game learning can reduce overbidding in SPAs, taking into account cognitive skills. Employing an order-balanced design, we use...
Persistent link: https://www.econbiz.de/10012668312
Who participates in transactions when information about the consequences must be learned? We show theoretically that decision makers for whom acquiring and processing information is more costly respond more strongly to changes in incentive payments for participating and decide to participate...
Persistent link: https://www.econbiz.de/10011863553
We study the pattern of correlations across a large number of behavioral regularities, with the goal of creating an empirical basis for more comprehensive theories of decision-making. We elicit 21 behaviors using an incentivized survey on a representative sample (n = 1;000) of the U.S....
Persistent link: https://www.econbiz.de/10011897575
Using spatial and temporal variation in openings of fast food restaurants in Norway between 1980 and 2007, we study the effects of changes in the supply of high caloric nutrition on the health and cognitive ability of young adult males. Our results indicate that exposure to these establishments...
Persistent link: https://www.econbiz.de/10014265952
This paper studies the secular increase in U.S. household debt and its relation to growing income inequality and … financial fragility. We exploit a new household-level dataset that covers the joint distributions of debt, income, and wealth in … income growth played a central role in rising indebtedness. Debt-to-income ratios have risen most dramatically for households …
Persistent link: https://www.econbiz.de/10012213102
The paper examines the effects of ageing and makes a case for partial pre-funding of pensions. The argument is based on …
Persistent link: https://www.econbiz.de/10011398438
In this paper we address the question whether in case of population ageing a transition from an unfunded to a more …
Persistent link: https://www.econbiz.de/10011399334
To assess the likely effects of population ageing on the outcomes of direct democracy, we analyze the effect of age on … intergenerational conflicts arising from population ageing will likely be limited to areas in which the net present value differs … such instances, however, the effect can be quantitatively relevant, raising the question of whether, as population ageing …
Persistent link: https://www.econbiz.de/10011434471