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Beliefs and Utility: Experimental Evidence on Preferences for Information
Falk, Armin; Zimmermann, Florian - 2016
Beliefs are a central determinant of behavior. Recent models assume that beliefs about or the anticipation of future consumption have direct utility-consequences. This gives rise to informational preferences, i.e., preferences over the timing and structure of information. Using a novel and...
Persistent link: https://www.econbiz.de/10011559600
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Internal and External Validity of Experimental Risk and Time Preferences
Belzil, Christian; Sidibé, Modibo - 2016
Using a unique field experiment from Canada, we estimate individual preference over risk and time and show considerable …
Persistent link: https://www.econbiz.de/10011584663
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Disappointment Aversion and Social Comparisons in a Real-Effort Competition
Gächter, Simon; Huang, Lingbo; Sefton, Martin - 2017
We present an experiment to investigate the source of disappointment aversion in a sequential real-effort competition … Prowse experiment, where the latter treatment removes the scope for social comparisons. If disappointment aversion simply …
Persistent link: https://www.econbiz.de/10011653482
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Some Contributions of Economics to the Study of Personality
Heckman, James J.; Jagelka, Tomás; Kautz, Tim - 2019
This paper synthesizes recent research in economics and psychology on the measurement and empirical importance of personality skills and preferences. They predict and cause important life outcomes such as wages, health, and longevity. Skills develop over the life cycle and can be enhanced by...
Persistent link: https://www.econbiz.de/10012179946
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Present Bias for Monetary and Dietary Rewards: Evidence from Chinese Teenagers
Cheung, Stephen L.; Tymula, Agnieszka; Wang, Xueting - 2020
foods. In a within-subjects longitudinal experiment with 697 low-income Chinese high school students we find strong present …
Persistent link: https://www.econbiz.de/10012270084
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Estimating Coherency between Survey Data and Incentivized Experimental Data
Belzil, Christian; Pernaudet, Julie; Poinas, François - 2021
distribution using a highly incentivized field experiment in which the same set of individuals participated. In the experimental … weight to a specific set of determinants in the experiment and in the survey and that the valuations of financial aid are … rank incoherent. About 66% of Biased Incoherency (defined as the tendency to have a higher valuation rank in the experiment …
Persistent link: https://www.econbiz.de/10012658173
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Quasi-Hyperbolic Present Bias: A Meta-Analysis
Cheung, Stephen L.; Tymula, Agnieszka; Wang, Xueting - 2021
Quasi-hyperbolic discounting is one of the most well-known and widely-used models to capture self-control problems in the economics literature. The underlying assumption of this model is that agents have a "present bias" toward current consumption such that all future rewards are downweighed...
Persistent link: https://www.econbiz.de/10012658204
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Savings and prize-linked savings accounts
Atalay, Kadir; Bakhtiar, Fayzan; Cheung, Stephen L.; … - 2012
-risk households. Results from an online experiment show that the introduction of PLS accounts increase total savings and reduce …
Persistent link: https://www.econbiz.de/10010289923
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Intertemporal Altruism
Chopra, Felix; Eisenhauer, Philipp; Falk, Armin; … - 2021
structure of prosocial utility. We conduct a high-stakes donation experiment that allows us to identify non-parametrically and …
Persistent link: https://www.econbiz.de/10012497960
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Savings and Prize-Linked Savings Accounts
Atalay, Kadir; Bakhtiar, Fayzan; Cheung, Stephen L.; … - Institute for the Study of Labor (IZA) - 2012
-risk households. Results from an online experiment show that the introduction of PLS accounts increase total savings and reduce …
Persistent link: https://www.econbiz.de/10010959657