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Persistent link: https://www.econbiz.de/10012432236
We test whether an environment of poverty affects time preferences through purely psychological channels. We measured … the role of economic constraints, we experimentally induced thoughts about poverty-related problems, using priming … techniques. We find that thinking about poverty increases the preference to consume entertainment early and to delay work. Using …
Persistent link: https://www.econbiz.de/10012596351
Until now, the dominant belief concerning the relationship between poverty and risk aversion is that the poor are more … poverty. However, both empirical and experimental evidence show no clear pattern such as would suggest that the poor are … from households living in poverty and extreme poverty wherein they participated in a baseline risk experiment that was the …
Persistent link: https://www.econbiz.de/10013132331
Do poor parents respond inefficiently to future returns on investments, even when they would have the financial means to invest optimally? Combining multiple experiments, we document that when parents of high-school students in Brazil are offered the opportunity to invest in an educational...
Persistent link: https://www.econbiz.de/10012510647
effectively design behaviorally informed interventions aimed at tackling energy poverty …Behavioral Economics has in recent years played a key role in informing the design of non-price interventions aimed at … applied setting have centered around the development of norm-based interventions. The success that these interventions have …
Persistent link: https://www.econbiz.de/10012827423
Poverty focuses attention on present needs. Does that mean that poor parents respond inefficiently to future returns on …, significantly more when predicted returns are low. We show that such inefficient responses are driven by poverty-induced attention …
Persistent link: https://www.econbiz.de/10012829093
Poverty focuses attention on present needs. Does that mean that poor parents respond inefficiently to future returns on …, but also, significantly more when predicted returns are low. We show that such inefficient responses are driven by poverty …
Persistent link: https://www.econbiz.de/10012830329
Poverty focuses attention on present needs. Does that mean that poor parents respond inefficiently to future returns on …, but also, significantly more when predicted returns are low. We show that such inefficient responses are driven by poverty …
Persistent link: https://www.econbiz.de/10012240062
We test whether an environment of poverty affects time preferences through purely psychological channels. We measured … the role of economic constraints, we experimentally induced thoughts about poverty-related problems, using priming … techniques. We find that thinking about poverty increases the preference to consume entertainment early and to delay work. Using …
Persistent link: https://www.econbiz.de/10014259851
Persistent link: https://www.econbiz.de/10014382607