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Effect of perceptions and behaviour on access to and use of financial service: Evidence from South Africa
Annim, Samuel Kobina; Arun, Thankom; Kostov, Philip - 2012
This study investigates the effect of financial perception and behaviour on; (a) general accounts and services, (b … three estimations support the hypothesis that financial perception has a greater effect on the decision to access and use … behaviour is greater than financial perception when making decisions on the take-up and use of investment financial services. It …
Persistent link: https://www.econbiz.de/10010291318
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Cognition and economic outcomes in the health and retirement survey
MacArdle, John J.; Smith, James P.; Willis, Robert - 2009
Dimensions of cognitive skills are potentially important but often neglected determinants of the central economic outcomes that shape overall well-being over the life course. There exists enormous variation among households in their rates of wealth accumulation, their holdings of financial...
Persistent link: https://www.econbiz.de/10010269015
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Economic conditions at the time of birth and cognitive abilities late in life: Evidence from eleven European countries
Doblhammer, Gabriele; van den Berg, Gerard J.; Fritze, … - 2011
changes in the early life economic environment on late life cognition. In European countries, about three to four economic …
Persistent link: https://www.econbiz.de/10010280717
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Hard evidence on soft skills
Heckman, James J.; Kautz, Tim - 2012
This paper summarizes recent evidence on what achievement tests measure; how achievement tests relate to other measures of cognitive ability like IQ and grades; the important skills that achievement tests miss or mismeasure, and how much these skills matter in life. Achievement tests miss, or...
Persistent link: https://www.econbiz.de/10010282367
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Between agora and shopping mall
Falkinger, Josef - 2008
Advertisements provide consumers with knowledge about private products, whereas political information is required to provide voters with knowledge of public issues. Modern information technologies and globalization are increasing the exposure of individuals to information. Goods advertising is...
Persistent link: https://www.econbiz.de/10010269262
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Explaining the favorite-longshot bias: Is it risk-love or misperceptions?
Snowberg, Erik; Wolfers, Justin - 2010
The favorite-longshot bias describes the longstanding empirical regularity that betting odds provide biased estimates of the probability of a horse winning - longshots are overbet, while favorites are underbet. Neoclassical explanations of this phenomenon focus on rational gamblers who overbet...
Persistent link: https://www.econbiz.de/10010269869
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Overconfidence is a social signaling bias
Burks, Stephen V.; Carpenter, Jeffrey P.; Goette, Lorenz; … - 2010
Evidence from psychology and economics indicates that many individuals overestimate their ability, both absolutely and relatively. We test three different theories about observed relative overconfidence. The first theory notes that simple statistical comparisons (for example, whether the...
Persistent link: https://www.econbiz.de/10010269888
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The impact of Chernobyl on health and labour market performance in the Ukraine
Lehmann, Hartmut; Wadsworth, Jonathan - 2009
positive association between local area-level radiation dosage and health perception based on self-reported poor health status …
Persistent link: https://www.econbiz.de/10010271264
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The prostitute's allure: Examining returns to beauty, productivity and discrimination
Arunachalam, Raj; Shah, Manisha - 2010
We estimate the earnings premium for beauty in an occupation where returns to physical attractiveness are likely to be important: commercial sex work. In the commercial sex market, perhaps more so than any other sector in the labor market, the beauty premium should be at the extreme due to the...
Persistent link: https://www.econbiz.de/10010272637
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A different look at Lenin's legacy: Trust, risk, fairness and cooperativeness in the two Germanies
Heineck, Guido; Süssmuth, Bernd - 2010
What are the long-term effects of Communism on economically relevant notions such as social trust? To answer this question, we use the reunification of Germany as a natural experiment and study the post-reunification trajectory of convergence with regard to individuals' trust and risk, as well...
Persistent link: https://www.econbiz.de/10010274630