Bucher-Koenen, Tabea; Schmidt, Carsten - Munich Center for the Economics of Aging (MEA) at the … - 2011
We document an increasing capacity to resist temptation in a time consistent manner from children to teenagers. Competencies develop in two steps: From age 8 on many pupils naively plan and after age 12 successfully implement strategies to resist temptation. Our evidence comes from a food choice...
