Showing 1 - 10 of 98
With ageing populations and a stronger reliance on individual financial decision-making concerning asset portfolios, retirement schemes, pensions and insurances, it becomes increasingly important to understand the determinants of cognitive ability among the elderly. Macro-economic recession and...
Persistent link: https://www.econbiz.de/10009283586
of Health, Aging and Retirement in Europe (SHARE), we assess the causal effect of education on old-age memory, fluency …, numeracy, orientation and dementia. We find a positive impact of schooling on memory. One year of education increases the … delayed memory score by about 0.3, which amounts to 16% of the standard deviation. Furthermore, for women, we find that more …
Persistent link: https://www.econbiz.de/10010959798
With ageing populations and a stronger reliance on individual financial decision-making concerning asset portfolios, retirement schemes, pensions and insurances, it becomes increasingly important to understand the determinants of cognitive ability among the elderly. Macro-economic recession and...
Persistent link: https://www.econbiz.de/10010280717
of Health, Aging and Retirement in Europe (SHARE), we assess the causal effect of education on old-age memory, fluency …, numeracy, orientation and dementia. We find a positive impact of schooling on memory. One year of education increases the … delayed memory score by about 0.3, which amounts to 16% of the standard deviation. Furthermore, for women, we find that more …
Persistent link: https://www.econbiz.de/10010289891
A long-standing puzzle is how overconfidence can persist in settings characterized by repeated feedback. This paper studies managers who participate repeatedly in a high-powered tournament incentive system, learning relative performance each time. Using reduced form and structural methods we...
Persistent link: https://www.econbiz.de/10014377186
, which then come to define "who they are". Identity investments increase when information is scarce or when a greater … under symmetric information, as partners seek to self-enhance and shift blame by turning down "insultingly low" offers. …
Persistent link: https://www.econbiz.de/10005703370
This paper experimentally investigates the impact of different pay and relative performance information policies on … employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through … off. Moreover, in both pay schemes information feedback reduces the quality of the low performers' work. …
Persistent link: https://www.econbiz.de/10010268675
This paper studies the influence of information on entry choices in a competition with a controlled laboratory … experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … productivity. Information on the opponent is a promising nudge to raise individuals' awareness towards the complexity of the …
Persistent link: https://www.econbiz.de/10010282257
repeated negative institutional shocks and how such shocks influence the development of an information matrix as well as the … transmission of information across time and generations. We show that African-Americans who were less likely to be influenced by … negative institutional shocks and the information stock created from these experiences, have similar self-employment rates to …
Persistent link: https://www.econbiz.de/10005822895
beliefs; (ii) whether this bias would disappear for weight and height, when the information is perfectly available. We find a … information is readily available as in height and weight. We present evidence from our experiment that limited attention and self …
Persistent link: https://www.econbiz.de/10011195821