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1
Economic Behavior Under Alcohol Influence : An Experiment on Time, Risk, and Social Preferences
Corazzini, Luca
-
2014
We report results from an incentivized laboratory experiment to provide controlled evidence on the causal effects of alcohol consumption on risk preferences, time perception and altruism. Our design allows disentangling the pharmacological effects of alcohol intoxication from those mediated by...
Persistent link: https://www.econbiz.de/10013053534
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2
Choice Over Time
Manzini, Paola
;
Mariotti, Marco
-
2021
they are really the most challenging ones for conventional
theory
. New developments are emerging both at the theoretical …
Persistent link: https://www.econbiz.de/10013316853
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3
Confucianism and Preferences : Evidence from Lab Experiments in Taiwan and China
Liu, Elaine
-
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/10013073810
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4
Why Do We Procrastinate? Present Bias and Optimism
Breig, Zachary
-
2020
Research has shown that procrastination has signicant adverse effects on individuals, including lower savings and poorer health. Procrastination is typically modeled as resulting from present bias. In this paper we study an alternative: excessively optimistic beliefs about future demands on an...
Persistent link: https://www.econbiz.de/10012838487
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5
The Effect of Language on Economic Behavior : Experimental Evidence from Children's Intertemporal Choices
Sutter, Matthias
-
2015
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
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6
Psychological and Biological Foundations of Time Preference : Evidence from a Day Reconstruction Study with Biological Tracking
Daly, Michael
;
Delaney, Liam
;
Harmon, Colm P.
-
2021
This paper considers the relationship between the economic concept of time preference and relevant concepts from psychology and biology. Using novel data from a time diary study conducted in Ireland that combined detailed psychometric testing with medical testing and real-time bio-tracking, we...
Persistent link: https://www.econbiz.de/10013324995
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7
Are Income and Consumption Taxes Ever Really Equivalent? Evidence from a Real-Effort Experiment with Real Goods
Blumkin, Tomer
-
2010
The public finance literature demonstrates the equivalence between consumption and labor-income (wage) taxes. We introduce an experimental paradigm in which individuals make real labor-leisure choices and spend their earned income on real goods. We use this paradigm to test whether a...
Persistent link: https://www.econbiz.de/10013138653
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8
The Rapid Evolution of Homo Economicus : Brief Exposure to Neoclassical Assumptions Increases Self-Interested Behavior
Ifcher, John
-
2016
considerations moves behavior toward traditional economic
rationality
in UG, PD, and DG. Despite entering the study with higher …
Persistent link: https://www.econbiz.de/10012983904
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9
Suboptimal Choices and the Need for Experienced Individual Well-Being in Economic Analysis
Hsee, Christopher K.
-
2012
Standard economic analysis assumes that people make choices that maximize their utility. Yet both popular discourse and other fields assume that people sometimes fail to make optimal choices and thus adversely affect their own happiness. Most social sciences thus frequently describe some...
Persistent link: https://www.econbiz.de/10013110203
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10
Impatience and Uncertainty : Experimental Decisions Predict Adolescents' Field Behavior
Sutter, Matthias
-
2011
We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to eighteen years, in an incentivized experiment. We relate experimental choices to field behavior. Experimental measures of impatience are found to be significant predictors of health...
Persistent link: https://www.econbiz.de/10013131926
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