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According to Chen's (2013) linguistic-savings hypothesis, languages which grammatically separate the future and the present (like English or Italian) induce less future-oriented behavior than languages in which speakers can refer to the future by using present tense (like German). We complement...
Persistent link: https://www.econbiz.de/10013014019
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/10013251532
Economic preferences – like time, risk and social preferences – have been shown to be very influential for real … that has examined how and when economic preferences are formed, putting particular emphasis on the role of … intergenerational transmission of economic preferences within families. Our paper is the first to run incentivized experiments with …
Persistent link: https://www.econbiz.de/10012926707
) positively correlated with their children's economic preferences, even when controlling for personality traits and socio …Economic preferences are important for lifetime outcomes such as educational achievements, health status, or labor … market success. We present a holistic view of how economic preferences are related within families. In an experiment with 544 …
Persistent link: https://www.econbiz.de/10012828606
We study the role of professional networks in facilitating the escape of persecuted academics from Nazi Germany. From 1933, the Nazi regime started to dismiss academics of Jewish origin from their positions. The timing of dismissals created individual-level exogenous variation in the timing of...
Persistent link: https://www.econbiz.de/10013246027
We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to …
Persistent link: https://www.econbiz.de/10013131926
The formation of economic preferences in childhood and adolescence has long-term consequences for life-time outcomes … social preferences. We find that second born children are typically less patient, less risk averse, and more trusting …
Persistent link: https://www.econbiz.de/10012906521
correlated with the degree of discrimination, suggesting that discriminatory preferences are being transmitted through parental …
Persistent link: https://www.econbiz.de/10012831241
, risk preferences, and cognitive abilities, and is not driven by sample attrition. Accounting for middle-school GPA as a …
Persistent link: https://www.econbiz.de/10014357206
we study (including social, risk, competitive preferences, and aspirations). Notably, the extent of homophily depends on …
Persistent link: https://www.econbiz.de/10014264274