Narrow search
Showing 1 - 10 of 339
Cover Image
Stated and revealed heterogeneous risk preferences in educational choice
Fossen, Frank M.; Glocker, Daniela - 2014
Stated survey measures of risk preferences are increasingly being used in the literature, and they have been compared to revealed risk aversion primarily by means of experiments such as lottery choice tasks. In this paper, we investigate educational choice, which involves the comparison of risky...
Persistent link: https://www.econbiz.de/10010245919
Cover Image
Effects of stress on economic decision-making : evidence from laboratory experiments
Delaney, Liam; Fink, Guenther; Harmon, Colm - 2014
The ways in which preferences respond to the varying stress of economic environments is a key question for behavioral economics and public policy. We conducted a laboratory experiment to investigate the effects of stress on financial decision making among individuals aged 50 and older. Using the...
Persistent link: https://www.econbiz.de/10010337421
Cover Image
Does patience matter for marriage stability? : some evidence from Italy
De Paola, Maria; Gioia, Francesca - 2013
Italian Survey on Household Income and Wealth, which provides a measure of time preferences based on a hypothetical financial …
Persistent link: https://www.econbiz.de/10010222260
Cover Image
Internal and external validity of experimental risk and time preferences
Belzil, Christian; Sidibé, Modibo - 2016
Using a unique field experiment from Canada, we estimate individual preference over risk and time and show considerable heterogeneity in both dimensions and relatively stable distributions across our various specifications, which include hyperbolic, quasi-hyperbolic discounting as well as...
Persistent link: https://www.econbiz.de/10011580855
Cover Image
Risk preference and entrepreneurial investment at the top of the wealth distribution
Fossen, Frank M.; König, Johannes; Schröder, Carsten - 2020
novel survey data from the top of the wealth distribution, which have been added to the 2019 German Socio-economic Panel … Study. The data include private wealth balance sheets, in particular the value of own private business assets, and a … share of their wealth in their own businesses when they are more willing to take risks. These associations are stronger …
Persistent link: https://www.econbiz.de/10012389043
Cover Image
Women, children and patience : experimental evidence from Indian villages
Bauer, Michal; Chytilová, Julie - 2009
In this paper we study the link between women's responsibility for children and their preferences. We use a large random sample of individuals living in rural India, incentive compatible measures of patience and risk aversion, and detailed survey data. We find more patient choices among women...
Persistent link: https://www.econbiz.de/10003861619
Cover Image
Loss aversion and intertemporal choice : a laboratory investigation
Oxoby, Robert J.; Morrison, William G. - 2010
We present results from a laboratory study of loss aversion in the context of intertemporal choice. We investigate whether the provision of (windfall) endowments results in different elicited discount rates relative to subjects who earn income or earn and retain the income for a period before...
Persistent link: https://www.econbiz.de/10003947965
Cover Image
Confucianism and preferences : evidence from lab experiments in Taiwan and China
Liu, Elaine M.; Meng, Juanjuan; Wang, Joseph Tao-yi - 2013
This paper investigates how Confucianism affects individual decision making in Taiwan and in China. We found that Chinese subjects in our experiments became less accepting of Confucian values, such that they became significantly more risk loving, less loss averse, and more impatient after being...
Persistent link: https://www.econbiz.de/10010201272
Cover Image
Household characteristics, ability and education : evidence from a dynamic expected utility model
Belzil, Christian; Hansen, Jörgen - 1999
We estimate a Dynamic Programming model of the decision between continuing schooling or entering the labor market using a panel from the National Longitudinal Survey (NLSY). The model, set in an expected utility framework (with a power utility function), fits data on both schooling attainments...
Persistent link: https://www.econbiz.de/10011295416
Cover Image
Loss aversion and labor supply
Goette, Lorenz (contributor); Huffman, David (contributor);  … - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001829225