Showing 1 - 10 of 982
best viewed as the end result of a learning process. We find that students enter college as open to a major in math or … science as to any other major group, but that a large number of students move away from math and science after realizing that … because students realize that their ability in math/science is lower than expected rather than because students realize that …
Persistent link: https://www.econbiz.de/10012461789
We examine how 17 behavioral biases relate to each other, to other decision inputs, and to decision outputs. Most … personality traits--with some expected exceptions. Accounting for this correlation structure, we reduce our 29 decision inputs to … this taxonomy for various approaches to modeling influences of behavioral biases on decision making …
Persistent link: https://www.econbiz.de/10012482357
This paper presents some of the first large-scale survey evidence linking optimism to major economic choices. We create a novel measure of optimism using the Survey of Consumer Finance by comparing a person's self-reported life expectancy to that implied by statistical tables. Optimists are more...
Persistent link: https://www.econbiz.de/10012467322
revisiting prior choices, can lead to decision errors. This paper explores the enrollment decisions of Medicare beneficiaries in …
Persistent link: https://www.econbiz.de/10012458484
2)Which schools accept the students? … by students accepted to Williams College, one of the nation's most highly selective colleges and universities. We use …
Persistent link: https://www.econbiz.de/10012462879
. This study also presents empirical evidence from a laboratory experiment in which students at a selective college were …
Persistent link: https://www.econbiz.de/10012463942
Many consumers below the top of the distribution of a representative population by cognitive abilities barely react to monetary and fiscal policies that aim to stimulate consumption and borrowing, even when they are financially unconstrained and despite substantial debt capacity. Differences in...
Persistent link: https://www.econbiz.de/10012629499
How significant are individual differences in self-control? Do these differences impact wealth accumulation? From where do they derive? Our survey-based measure of self-control provides insights into all three questions: 1.There are individual differences in self-control not only of a...
Persistent link: https://www.econbiz.de/10012468179
Using data from a field experiment on exercise, we analyze the relationship between imperfect memory and people's awareness of their limited self-control. We find that people overestimate past gym attendance, and that larger overestimation of past attendance is associated with (i) more...
Persistent link: https://www.econbiz.de/10013537719
The rapid rise in e-cigarette use rates among high school students in the United States is a significant source of … on the demand for vaping products by high school students. The findings from this study provide strong evidence that … findings could help to inform decision making about how states should allocate scarce public resources …
Persistent link: https://www.econbiz.de/10012481394