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Economic preferences - like time, risk and social preferences - have been shown to be very influential for real-life outcomes, such as educational achievements, labor market outcomes, or health status. We contribute to the recent literature that has examined how and when economic preferences are...
Persistent link: https://www.econbiz.de/10011798209
market success. We present a holistic view of how economic preferences are related within families. In an experiment with 544 …
Persistent link: https://www.econbiz.de/10012245060
We study with a sample of 1,070 primary school children, aged seven to eleven years, how altruism in a donation … experiment is related to children's risk attitudes and intertemporal choices. Examining such a relationship is motivated by … theories of reciprocal altruism that provide a cornerstone to understand human social behavior. We find that higher risk …
Persistent link: https://www.econbiz.de/10010257602
personality we investigate encompass time preferences, risk preferences, and altruism, as well as crystallized and fluid IQ. We …
Persistent link: https://www.econbiz.de/10010510510
This paper explores inequalities in IQ and economic preferences between children from high and low socio-economic status (SES) families. We document that children from high SES families are more intelligent, patient and altruistic, as well as less risk-seeking. To understand the underlying...
Persistent link: https://www.econbiz.de/10011763834
about risk, time-discounting and altruism in variations of two conditions: 'Quantitative First' and 'Qualitative First'. We … patience and altruism while using quantitative items first increases the cross-method correlation for risk and time preferences …
Persistent link: https://www.econbiz.de/10014319143
About 15 years ago, economic experiments with children and adolescents were considered as an extravagant niche of economic research. Since then, this type of research has exploded in scope and depth. It has become clear that studying the development of economic behavior and its determinants is...
Persistent link: https://www.econbiz.de/10011949208
In economic models, risk and social preferences are major determinants of criminal behavior. In criminology, low self-control is considered a fundamental cause of crime. Relating the arguments from both disciplines, this paper studies the relationship between self-control and both risk and...
Persistent link: https://www.econbiz.de/10010345126
We report results from an incentivized laboratory experiment to provide controlled evidence on the causal effects of … alcohol consumption on risk preferences, time perception and altruism. Our design allows disentangling the pharmacological …: those participating to an experiment with no reference to alcohol, those exposed to the possibility of consuming alcohol but …
Persistent link: https://www.econbiz.de/10010355859
aversion, time preference, altruism, positive reciprocity, negative reciprocity, and trust to uncover that contemporary …
Persistent link: https://www.econbiz.de/10012193455