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Time pressure is a central aspect of economic decision making nowadays. It is therefore natural to ask how time pressure affects decisions, and how to detect individual heterogeneity in the ability to successfully cope with time pressure. In the context of risky decisions, we ask whether a...
Persistent link: https://www.econbiz.de/10011899690
Time pressure is a central aspect of economic decision making nowadays. It is therefore natural to ask how time pressure affects decisions, and how to detect individual heterogeneity in the ability to successfully cope with time pressure. In the context of risky decisions, we ask whether a...
Persistent link: https://www.econbiz.de/10011813016
Persistent link: https://www.econbiz.de/10009234314
Persistent link: https://www.econbiz.de/10009716351
Persistent link: https://www.econbiz.de/10009753820
This paper investigates experimentally whether risk attitudes are stable across social contexts. In particular, it … show that risk attitude is strongly affected by social contexts: participants in the experiment seem to be relatively risk … seeking when they possess a relatively weaker position than the other party and risk averse when the opposite is true. Our …
Persistent link: https://www.econbiz.de/10010350221
We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to … impatient children and adolescents are more likely to spend money on alcohol and cigarettes, have a higher body mass index (BMI …) and are less likely to save money. Experimental measures for risk and ambiguity attitudes are only weak predictors of …
Persistent link: https://www.econbiz.de/10009737080
Persistent link: https://www.econbiz.de/10012698844
Persistent link: https://www.econbiz.de/10012175568
Time pressure is a central aspect of economic decision making nowadays. It is therefore natural to ask how time pressure affects decisions, and how to detect individual heterogeneity in the ability to successfully cope with time pressure. In the context of risky decisions, we ask whether a...
Persistent link: https://www.econbiz.de/10011917381