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Can anyone be "The" one? : Evidence on mate selection from speed dating
Belot, Michèle (contributor);  … - 2006
Marriage data show a strong degree of positive assortative mating along a variety of attributes. But since marriage is an equilibrium outcome, it is unclear whether positive sorting is the result of preferences rather than opportunities. We assess the relative importance of preferences and...
Persistent link: https://www.econbiz.de/10003480144
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Moody choice
Manzini, Paola; Mariotti, Marco - 2010
If choices depend on the decision maker's mood, is the attempt to derive any consistency in choice doomed? In this …
Persistent link: https://www.econbiz.de/10003976547
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Collective intertemporal decisions and heterogeneity in groups
Glätzle-Rützler, Daniela; Lergetporer, Philipp; … - 2021
Many important intertemporal decisions are made by groups rather than individuals. What happens to collective decisions when there is internal conflict about the tradeoff between present and future has not been thoroughly investigated so far. We study experimentally the causal effect of group...
Persistent link: https://www.econbiz.de/10012415076
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Choices which change life satisfaction : revising SWB theory to account for change
Headey, Bruce; Muffels, Ruud J. A.; Wagner, Gert G. - 2010
Using data from the long-running German Socio-Economic Panel (SOEP) 1984-2008, this paper analyses the effects of individual preferences and choices on subjective well-being (SWB). It is shown that preferences and choices relating to life goals/values, partner’s personality, hours of work,...
Persistent link: https://www.econbiz.de/10003966917
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Are economists' preferences psychologists' personality traits? : a structural approach
Jagelka, Tomáš - 2020
modelling of random components of decision making is crucial to establishing the long supposed but empirically elusive link …
Persistent link: https://www.econbiz.de/10012228205
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Pure rank preferences and variation in risk-taking behavior
Stark, Oded; Budziński, Wiktor; Jakubek, Marcin - 2019
Assuming that an individual's rank in the wealth distribution is the only factor determining the individual's wellbeing, we analyze the individual's risk preferences in relation to gaining or losing rank, rather than the individual’s risk preferences towards gaining or losing absolute wealth....
Persistent link: https://www.econbiz.de/10012119128
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Cognitive skills explain economic preferences, strategic behavior, and job attachment
Burks, Stephen V.; Carpenter, Jeffrey P.; Götte, Lorenz; … - 2008
Economic analysis has said little about how an individual's cognitive skills (CS's) are related to the individual's preferences in different choice domains, such as risk-taking or saving, and how preferences in different domains are related to each other. Using a sample of 1,000 trainee truckers...
Persistent link: https://www.econbiz.de/10003739951
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Economic consequences of mispredicting utility
Frey, Bruno S.; Stutzer, Alois - 2013
In a simple conceptual framework, we organize a multitude of phenomena related to the (mis)prediction of utility. Consequences in terms of distorted choices and lower wellbeing emerge if people have to trade-off between alternatives that are characterized by attributes satisfying extrinsic...
Persistent link: https://www.econbiz.de/10009753717
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Anchoring in financial decision-making : evidence from the field
Jetter, Michael; Walker, Jay K. - 2016
anchoring phenomenon in financial decision-making. We find that contestants anchor heavily on the initial dollar value of a clue … in their wagering decision, even though there exists no rational reason to do so. More than half of all wagers occur … manifests itself among college students. Overall, our findings suggest anchoring plays a substantial role in financial decision …
Persistent link: https://www.econbiz.de/10011526727
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Delegation to a group
Fehrler, Sebastian; Janas, Moritz - 2021
We study the choice of a principal to either delegate a decision to a group of careerist experts, or to consult them … individually and keep the decision-making power. Our model predicts a trade-off between information acquisition and information …
Persistent link: https://www.econbiz.de/10012549435