Showing 1 - 10 of 80
This paper studies the effect of the HIV/AIDS epidemic on saving behaviour. Two important characteristics of HIV result in opposing forces on savings: mortality increases, which reduces savings, and long-term illness risk increases, which enhances savings. We use a two period life-cycle model...
Persistent link: https://www.econbiz.de/10012729182
Many people aim to change their lifestyle, but have trouble acting on their intentions. Behavioral economic incentives and related emotions can support commitment to personal health goals, but the related emotions remain unexplored. In a regret lottery, winners who do not attain their health...
Persistent link: https://www.econbiz.de/10014115975
This study presents evidence on the role of moral support on performance in a competitive environment. We take advantage of an unusual change in the Argentinean football legislation. In August 2013, as a matter of National security, the Argentinean government forced all the teams of the first...
Persistent link: https://www.econbiz.de/10012914655
A canonical but untested assumption in economics is that choices are determined only by preferences and budget constraints, but not by how people approach decision making. In particular, it is believed that people behave “as if they optimized”, even if they do not engage in any formal...
Persistent link: https://www.econbiz.de/10013156332
This paper studies the interplay between climate, health, and the economy in a stylized world with four heterogeneous regions, labeled ‘West' (cold and rich), ‘China' (cold and poor), ‘India' (warm and poor), and ‘Africa' (warm and very poor). We introduce health impacts into a simple...
Persistent link: https://www.econbiz.de/10013069360
To overcome self-control difficulties, people can commit to their health goals by voluntarily accepting deadlines with consequences. In a commitment lottery, the winners are drawn from all participants, but can only claim their prize if they also attained their gym-attendance goals. In a...
Persistent link: https://www.econbiz.de/10012927764
The emotion that someone expresses has consequences for how that person is treated. We study whether people display emotions strategically. In two laboratory experiments, participants play task delegation games in which managers assign a task to one of two workers. When assigning the task,...
Persistent link: https://www.econbiz.de/10012871476
This paper develops a new life cycle model that aims to describe the savings and asset allocation choices of boundedly rational agents. In this model, agents make forward-looking decisions without the requirement of anticipating their actual future decisions. Instead, agents pursue two simple...
Persistent link: https://www.econbiz.de/10012714272
Euler equation estimation of intertemporal consumption models requires many, often unverifiable assumptions. These include assumptions on expectations and preferences. We aim at reducing some of these requirements by using direct subjective information on respondents' preferences and...
Persistent link: https://www.econbiz.de/10012715674
Many economists and policy-makers argue that households do not save enough to maintain an adequate standard of living during retirement. However, there is no consensus on the answer to the underlying question what this standard should be, despite the fact that it is crucial for the design of...
Persistent link: https://www.econbiz.de/10012720291