Showing 1 - 10 of 6,005
Using experimental data of children and their mothers, this paper explores the intergenerational relationship of … impatience. The child’s impatience stems from a delay of gratification experiment, the mother’s from a choice task. Findings …
Persistent link: https://www.econbiz.de/10010576461
This study tests the hyperbolic discounting hypothesis using real-payoff experiments in Ethiopia. We compared time preferences over cash and consumption goods and over different time horizons. We found that participants made consistent choices over time and that responses did not vary across...
Persistent link: https://www.econbiz.de/10010541879
One main motive behind lengthy prison terms for serious crime is to deter potential offenders from engaging in crime. Yet, economic theory predicts that the scope for punishment as acting as a deterrent depends on how much individuals discount future events when balancing the immediate utility...
Persistent link: https://www.econbiz.de/10010884153
Procrastination is the notorious tendency to postpone work for tomorrow. This paper presents a formal model of procrastination based on expectations and prospect theory, which differs signficantly from the prevalent model of O’Donoghue and Rabin. Subject is assumed to work on a task for...
Persistent link: https://www.econbiz.de/10009226805
Andreoni and Sprenger (in press) report evidence that distinct utility functions govern choices under certainty and risk. I investigate the robustness of their result to the experimental design. I find that the effect disappears completely when a multiple price list is used instead of a convex...
Persistent link: https://www.econbiz.de/10010717460
I present a theory that can explain hyperbolic discounting and magnitude effects in intertemporal choice. This approach builds on theories of narrow framing and reference dependence and expands these theories in a novel way by examining hidden mental zooming in base consumption adjustment in...
Persistent link: https://www.econbiz.de/10010819046
A growing literature in economics examines the development of preferences among children and adolescents. We combine a … or not. In a sample of 384 children aged 5-17, we find an increase in donations until the age of 13-14, but not beyond …
Persistent link: https://www.econbiz.de/10010945060
competitiveness of children in matrilineal and patriarchal societies. We find that while there is no difference at any age in the …
Persistent link: https://www.econbiz.de/10011010047
- to eleven-year old primary school children in the city of Meran, we find that cooperation generally increases with age …, but that the gap between cooperation among in-group members and cooperation towards children speaking another language is …
Persistent link: https://www.econbiz.de/10011274372
children of parents with low education are more spiteful, more selfish and less altruistic. This link is robust to controlling … development of preferences, as we find children to become less spiteful and more altruistic with increasing age. Our findings … invested in instilling other-regarding preferences into children, making them less likely to acquire cooperative types of …
Persistent link: https://www.econbiz.de/10010542317