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People differ in the way they make decisions: some people prefer intuitive, some reflective decision making (Epstein et al., 1996). To assess these individual differences, a new measure was constructed assessing the individual preference for deliberation and the preference for intuition on two...
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This paper investigates the savings behaviour of German households, especially their capability and their reasons to save. We find that about one third of private households do not save at all while about 50 percent of the households save very regularly. Savings rates appear to be related to...
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