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of our study was to examine whether and how deep parameters such as time and risk preferences affect the intention to … control) on the effect of natural disasters on time and risk preferences. We find unambiguous effects towards more risk …
Persistent link: https://www.econbiz.de/10012838466
We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to …) and are less likely to save money. Experimental measures for risk and ambiguity attitudes are only weak predictors of …
Persistent link: https://www.econbiz.de/10013131926
risk. I investigate the robustness of their result to the experimental design. I find that the effect disappears completely …
Persistent link: https://www.econbiz.de/10013099803
Although both economists and psychologists seek to identify determinants of heterogeneity in behavior, they use different concepts to capture them. In this review we first analyze the extent to which economic preferences and psychological concepts of personality – such as the Big Five and...
Persistent link: https://www.econbiz.de/10013107699
Chinese subjects in our experiments became less accepting of Confucian values, such that they became significantly more risk …
Persistent link: https://www.econbiz.de/10013073810
This paper presents evidence suggesting men's (but not women's) risk and time preferences have systematically become … for 22,579 Australian-based respondents in up to 11 surveys from 2002-2015, men respond with increased risk aversion and … since 2008. This 'happiness channel' only partially explains the link between the local unemployment rate and risk …
Persistent link: https://www.econbiz.de/10012838493
We present the results of a randomized intervention in schools to study how teaching financial literacy affects risk …, we provide causal evidence that teaching financial literacy has significant short-term and longer-term effects on risk … subjects more patient, less present-biased, and slightly more risk-averse. Our finding that the intervention changes economic …
Persistent link: https://www.econbiz.de/10012826243
Using a unique field experiment from Canada, we estimate individual preference over risk and time and show considerable … preferences. We find that both long-run discount factors and subjective payment failure risk parameters have a high degree of …
Persistent link: https://www.econbiz.de/10012979444
This paper presents the Global Preference Survey, a globally representative dataset on risk and time preferences … family structure. We also shed light on the cultural origins of preference variation around the globe using data on language …
Persistent link: https://www.econbiz.de/10013011171
alcohol consumption on risk preferences, time perception and altruism. Our design allows disentangling the pharmacological … any effect of alcohol in depleting subjects' risk tolerance. On the contrary, we find that alcohol intoxication increases …
Persistent link: https://www.econbiz.de/10013053534