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Fungibility, labels, and consumption
Abeler, Johannes (contributor); Marklein, Felix (contributor) - 2008
Fungibility of money is a central principle in economics. It implies that any unit of money is substitutable for another and that the composition of income is irrelevant for consumption. We find in a field experiment that even in a simple, incentivized setup many subjects do not treat money as...
Persistent link: https://www.econbiz.de/10003716538
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A model of overconfidence
Weinberg, Bruce A. - 2009
People use information about their ability to choose tasks. If more challenging tasks provide more accurate information about ability, people who care about and who are risk averse over their perception of their own ability will choose tasks that are not sufficiently challenging. Overestimation...
Persistent link: https://www.econbiz.de/10003872716
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Disclosure, trust and persuasion in insurance markets
De Meza, David E.; Irlenbusch, Bernd; Reyniers, Diane J. - 2010
of breach is negligible. However, as for much B2C insurance marketing, face-to-face selling plays a crucial role in our …
Persistent link: https://www.econbiz.de/10008688915
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Does schooling improve cognitive abilities at older ages : causal evidence from nonparametric bounds
Amin, Vikesh; Behrman, Jere R.; Fletcher, Jason; … - 2022
ages using the Harmonized Cognition Assessment Protocol in the Health & Retirement Study. To address endogeneity concerns … on cognition. We also replicate findings from the Health & Retirement Study using another sample of older adults from the … Midlife in United States Development Study Cognition Project. …
Persistent link: https://www.econbiz.de/10013264792
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Pension policies, retirement and human capital depreciation in late adulthood
Nikolov, Plamen; Adelman, Alan - 2020
Economists have mainly focused on human capital accumulation and considerably less on the causes and consequences of human capital depreciation in late adulthood. Studying human capital depreciation over the life cycle has powerful economic consequences for decision-making in old age. Using data...
Persistent link: https://www.econbiz.de/10012372883
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Do pension benefits accelerate cognitive decline? : evidence from rural China
Nikolov, Plamen; Adelman, Alan - 2019
The Post-9/11 GI Bill allows service members to transfer generous education benefits to a dependent. We run a large-scale experiment to test whether active choice framing impacts US Army service members' decision to transfer benefits. Individuals who received email messages framing GI Bill use...
Persistent link: https://www.econbiz.de/10012060578
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Early-life circumstances and racial disparities in cognition for older Americans : the importance of educational quality and experiences
Lin, Zhuoer; Ye, Justin; Allore, Heather; Gill, Thomas M.; … - 2024
early-life circumstances are collectively and individually associated with racial disparities in late-life cognition … segregated schooling before college) is associated with 28.8%-39.7% of the racial disparities in cognition. Policies that improve … educational equity have the potential to reduce racial disparities in cognition into older ages. Clinicians may leverage early …
Persistent link: https://www.econbiz.de/10014545074
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Height and cognitive function among older Europeans : do people from "tall" countries have superior cognitive abilities?
Guven, Cahit; Lee, Wang-Sheng - 2011
Previous research has found that height is correlated with cognitive functioning at older ages. It therefore makes sense to ask a related question: do people from countries where the average person is relatively tall have superior cognitive abilities on average? Using data from the Survey of...
Persistent link: https://www.econbiz.de/10009523499
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Does schooling improve cognitive functioning at older ages?
Schneeweis, Nicole; Skirbekk, Vegard; Winter-Ebmer, Rudolf - 2012
We study the relationship between education and cognitive functioning at older ages by exploiting compulsory schooling reforms, implemented in six European countries during the 1950s and 1960s. Using data of individuals aged 50+ from the Survey of Health, Aging and Retirement in Europe (SHARE),...
Persistent link: https://www.econbiz.de/10009656615
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Adverse childhood circumstances and cognitive function in middle-aged and older Chinese adults: lower level or faster decline?
Lin, Zhuoer; Chen, Xi - 2021
This paper reviews the literature on the relationship between gender (in)equality and industrialization in the context of developing countries. It documents past developments, accounting for pre-industrial preconditions that might explain current differences in gender roles across societies....
Persistent link: https://www.econbiz.de/10012484491