De Rock, Bram; Bruyneel, Sabrina; Cherchye, Laurens; … - European Centre for Advanced Research in Economics and … - 2012
We conducted an experiment to collect data on consumption decisions made by children of different age categories. In … specially designed for the resulting choice data. Our firstconclusion is that, in general, the observed children's consumption … behavior is largely irrational. Next, we also investigate the relationship between the degree of rationality and the children …