Showing 1 - 10 of 138
Anti-smoking policies can in theory make smokers better off, by helping smokers with time-inconsistent preferences commit to giving up or reducing the amount they smoke. We use almost 20 years of British individual-level panel data to explore the impact on self-reported psychological well-being...
Persistent link: https://www.econbiz.de/10009753213
This paper examines the distributional impact of increases to out-of-work transfers, increases to work-contingent transfers, and increases in higher rates of income tax over the whole of life. We find that, in contrast to what is implied by standard snapshot analyses, increases to...
Persistent link: https://www.econbiz.de/10011718891
This paper is based on Ille 2013. Both papers analyze the same model, but in contrast, this paper does not provide an analytical solution but rather resorts to simulations. This allows the reader, who is familiar with the former article, to retrace the results more thoroughly and without the...
Persistent link: https://www.econbiz.de/10009702290
This paper studies to what extent the experiences of households shape their willingness to take financial risks. It follows the methodology of Malmendier and Nagel (2011) and applies it to a novel data set on household finances covering euro area households. We show that experienced stock market...
Persistent link: https://www.econbiz.de/10010254328
This paper examines the motivation for intergenerational transfers between adult children and their parents, and the nature of preferences for such giving behaviour, in an experimental setting. Participants in our experiment play a series of dictator games with parents and strangers, in which we...
Persistent link: https://www.econbiz.de/10010379950
deliver a list of products. Consumers' attention is limited, and exhaustive searches are often impractical. Thus, the order in …
Persistent link: https://www.econbiz.de/10012177984
Economic growth tends to stimulate fundamental changes in consumption patterns as consumers who get rich tend to spread their spending more evenly across a wider variety of goods and services. Comparing cross sectional spending patterns across rich and poor countries, we investigate how this...
Persistent link: https://www.econbiz.de/10013402052
attention only to specific cells. Our results suggest that subjects apply boundedly rational decision heuristics that involve …
Persistent link: https://www.econbiz.de/10009709528
choice task in multiple price list format (MPL) that is frequently implemented in experiments on time preference, through a … computer simulation analysis. We conduct experiments with artificial subjects to demonstrate that elicited discount rates are … artificial and human subjects suggests that behavior of human subjects in experiments with MPL can be described by two simple …
Persistent link: https://www.econbiz.de/10008729085
Marengo and the second author have developed in the last years a geometric model of social choice when this takes place among bundles of interdependent elements, showing that by bundling and unbundling the same set of constituent elements an authority has the power of determining the social...
Persistent link: https://www.econbiz.de/10008729132