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poorer health. Procrastination is typically modeled as resulting from present bias. In this paper we study an alternative … respond to information on their past choices. Experimental results refute the hypothesis that present bias is the sole source …
Persistent link: https://www.econbiz.de/10012193799
bias for money. In this paper, we compare estimates of present bias for money with estimates for healthy and unhealthy … bias for both money and food, and that individual measures of present bias are moderately correlated across reward types …
Persistent link: https://www.econbiz.de/10012242348
bias in check. Paternalistic governments, in an effort to help such people, routinely offer commitment machinery such as … beliefs about the present-bias of future selves - are happier when the government offers tighter commitment; this is not …
Persistent link: https://www.econbiz.de/10012203129
endogeneity and attrition/non-response bias, using two instrumental variables. Making use of a discrete instrument for the …
Persistent link: https://www.econbiz.de/10011348296
on experiments with over 2,000 members of 610 families, we find that parents anticipate their children's present bias and … own present bias, but molding their children's preferences towards more time-consistent choices. …
Persistent link: https://www.econbiz.de/10012418434
This paper introduces bias-corrected estimators for nonlinear panel data models with both time invariant and time …/selection bias. We then estimate the primary equation by fixed effects including an appropriately constructed control function from … both steps might employ nonlinear fixed effects procedures it is necessary to bias adjust the estimates due to the …
Persistent link: https://www.econbiz.de/10003540299
We characterize the bias of propensity score based estimators of common average treatment effect parameters in the case … situations, even when selection is only on observables. -- Treatment effects ; propensity score ; bias ; unconfoundedness …
Persistent link: https://www.econbiz.de/10003747651
This paper provides an expression for the bias of the OLS estimator of the schooling coefficient in a simple static … coefficient is biased upward, and the bias is increasing with potential labor-market experience and the degree of earnings … persistence. In addition, NLSY data are used to show that the magnitude of the persistence bias is non-negligible, and the bias …
Persistent link: https://www.econbiz.de/10009699444
Econometric analyses in the happiness literature typically use subjective well-being (SWB) data to compare the mean of observed or latent happiness across samples. Recent critiques show that com-paring the mean of ordinal data is only valid under strong assumptions that are usually rejected by...
Persistent link: https://www.econbiz.de/10011979193
Persistent link: https://www.econbiz.de/10001953314