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. Moreover, for both trust and risk, we find that separation attenuates the transmission of preferences from father to child …
Persistent link: https://www.econbiz.de/10012804345
preference parameters: time, risk, and social preferences, and risk perception biases. We pay special attention to predictors …
Persistent link: https://www.econbiz.de/10012295095
In this paper, we show that the right to determine the sequence of moves in a dynamic team tournament improves the chances of winning the contest. Because studying dynamic team tournaments - like R&D races - with interim feedback is difficult with company data, we examine decisions of highly...
Persistent link: https://www.econbiz.de/10012271547
We use a novel method to elicit and measure higher order risk preferences (prudence and temperance) in an experiment … with 658 adolescents. In line with theoretical predictions, we find that higher order risk preferences - particularly … these domains of field behavior. Thus our paper puts previous work that ignored higher order risk preferences into an …
Persistent link: https://www.econbiz.de/10012285580
We study in an online, real-effort experiment how the bracketing of non-binding goals affects performance in a work-leisure self-control problem. We externally induce the goal bracket - daily goals or a weekly goal - and within that bracket let subjects set goals for how much they want to work...
Persistent link: https://www.econbiz.de/10011724493
personality skills and preferences. They predict and cause important life outcomes such as wages, health, and longevity. Skills … analysis of human differences by providing anchored measures of economic preferences and studying their links to personality … skills and preferences required to characterize essential differences. …
Persistent link: https://www.econbiz.de/10012136850
We study response behavior in surveys and show how the explanatory power of self-reports can be improved. First, we develop a choice model of survey response behavior under the assumption that the respondent has imperfect self-knowledge about her individual characteristics. In panel data, the...
Persistent link: https://www.econbiz.de/10012588630
individual behavioral attitudes and preferences, raising the anchoring amount by 10 percent translates to an increase of 3 …
Persistent link: https://www.econbiz.de/10011526727
from the literatures on goals and mental accounting with models of expectations-based reference-dependent preferences. By … assumptions and goal and account revision. -- quasi-hyperbolic discounting ; reference-dependent preferences ; loss aversion …
Persistent link: https://www.econbiz.de/10009309475
The existing literature suggests that when the saving decision of two-earner households under risk is analysed, standard results on the existence of precautionary saving no longer apply: precautionary saving is obtained if and only if very stringent conditions hold. This paper shows that when...
Persistent link: https://www.econbiz.de/10009613678