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Limited self-knowledge and survey response behavior
Falk, Armin; Neuber, Thomas; Strack, Philipp - 2021
We study response behavior in surveys and show how the explanatory power of selfreports can be improved. First, we develop a choice model of survey response behavior under the assumption that the respondent has imperfect self-knowledge about her individual characteristics. In panel data, the...
Persistent link: https://www.econbiz.de/10012643582
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Individual Well-Being in a Dynamic Perspective
D'Ambrosio, Conchita; Frick, Joachim R. - 2007
This paper explores the determinants of individual well-being as measured by self-reported levels of satisfaction with income. Making full use of the panel data nature of the German Socio-Economic Panel, we provide empirical evidence for well-being depending on absolute and on relative levels of...
Persistent link: https://www.econbiz.de/10011600651
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Inequality Aversion and Risk Attitudes
Ferrer-i-Carbonell, Ada; Ramos, Xavier - 2010
Using self reported measures of life satisfaction and risk attitudes, we empirically test whether there is a relationship between individuals inequality and risk aversion. The empirical analysis uses the German SOEP household panel for the years 1997 to 2007 to conclude that the negative effect...
Persistent link: https://www.econbiz.de/10011600914
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Individual Well-Being in a Dynamic Perspective
D'Ambrosio, Conchita; Frick, Joachim R. - Forschungsbasierte Infrastruktureinrichtung … - 2007
This paper explores the determinants of individual well-being as measured by self-reported levels of satisfaction with income. Making full use of the panel data nature of the German Socio-Economic Panel, we provide empirical evidence for well-being depending on absolute and on relative levels of...
Persistent link: https://www.econbiz.de/10005018693
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Inequality Aversion and Risk Attitudes
Ferrer-i-Carbonell, Ada; Ramos, Xavier - Forschungsbasierte Infrastruktureinrichtung … - 2010
Using self reported measures of life satisfaction and risk attitudes, we empirically test whether there is a relationship between individuals inequality and risk aversion. The empirical analysis uses the German SOEP household panel for the years 1997 to 2007 to conclude that the negative effect...
Persistent link: https://www.econbiz.de/10008636408
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Unmet aspirations as an explanation for the age U-shape in human wellbeing
Schwandt, Hannes - 2013
theories have assumed that the U-shape is caused by unmet expectations that are felt painfully in midlife but beneficially … abandoned and experienced with less regret during old age. In a unique panel of 132,609 life satisfaction expectations matched … support theories that unmet expectations drive the age U-shape in wellbeing. …
Persistent link: https://www.econbiz.de/10010322355
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Unmet Aspirations as an Explanation for the Age U-Shape in Human Wellbeing
Schwandt, Hannes - Forschungsbasierte Infrastruktureinrichtung … - 2013
theories have assumed that the U-shape is caused by unmet expectations that are felt painfully in midlife but beneficially … abandoned and experienced with less regret during old age. In a unique panel of 132,609 life satisfaction expectations matched … support theories that unmet expectations drive the age U-shape in wellbeing. …
Persistent link: https://www.econbiz.de/10010896287
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Wie gefährlich ist COVID-19? Die subjektive Risikoeinschätzung einer lebensbedrohlichen COVID-19-Erkrankung im Frühjahr und Frühsommer 2020 in Deutschland
Hertwig, Ralph; Liebig, Stefan; Lindenberger, Ulman; … - 2020
Um die Corona-Krise und die Wahrnehmung ihrer Risiken zu untersuchen, wird für die vorliegenden Ausführungen auf Informationen aus der Längsschnittstudie Sozio-oekonomisches Panel (SOEP) und der darin eingebetteten SOEP-CoV-Studie zurückgegriffen, bei der im Zeitraum vom 1. April bis 5. Juli...
Persistent link: https://www.econbiz.de/10012270873
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Willingness to take risk: The role of risk conception and optimism
Dohmen, Thomas; Quercia, Simone; Willrodt, Jana - 2019
We show that the disposition to focus on favorable or unfavorable outcomes of risky situations affects willingness to take risk as measured by the general risk question. We demonstrate that this disposition, which we call risk conception, is strongly associated with optimism, a stable facet of...
Persistent link: https://www.econbiz.de/10011994095
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Thinking about tomorrow? Predicting experimental choice behavior and life outcomes from a survey measure of present bias
Dovern-Pinger, Pia Rosina - 2017
Using a representative sample of the German adult population, this paper investigates the extent to which a survey measure of present bias predicts present-biased choice behavior in incentive-compatible experiments and real-world outcomes related to in-vestments in financial assets and human...
Persistent link: https://www.econbiz.de/10011748463