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Do positional goods inhibit saving? : evidence from a life-cycle experiment
Feltovich, Nick; Ejebu, Ourega-Zoé - In: Journal of economic behavior & organization : JEBO 107 (2014) 2, pp. 440-454
Persistent link: https://www.econbiz.de/10011294408
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Demographics and behaviour
Carbone, Enrica - In: Experimental economics : a journal of the Economic … 8 (2005) 3, pp. 217-232
Persistent link: https://www.econbiz.de/10003072743
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Learning to reoptimize consumption at new income levels : a rationale for prospect theory
Brunnermeier, Markus Konrad - In: Journal of the European Economic Association 2 (2004) 1, pp. 98-114
Persistent link: https://www.econbiz.de/10002046377
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Explanations of effects of prior income changes on buying decisions
Karlsson, Niklas; Gärling, Tommy; Selart, Marcus - In: Journal of economic psychology : research in economic … 20 (1999) 4, pp. 449-463
Persistent link: https://www.econbiz.de/10001443921
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Experimental tests of Ricardian equivalence
Cadsby, Charles Bram - In: Economic inquiry : journal of the Western Economic … 29 (1991) 4, pp. 645-664
Persistent link: https://www.econbiz.de/10001116973
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Lifecycle Consumption under Different Income Profiles : Experimental Evidence
Duffy, John - 2018
We report on a series of economic decision-making experiments exploring how individuals make lifecycle consumption and saving plans when they face different income profiles. We find that for every income profile we consider, subjects on average over-consume in the early periods of life and...
Persistent link: https://www.econbiz.de/10012935378
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The aspirational income hypothesis : on the limits of the relative income hypothesis
Khalil, Elias L.; Aimone, Jason A.; Houser, Daniel; … - In: Journal of economic behavior & organization : JEBO 182 (2021), pp. 229-247
Persistent link: https://www.econbiz.de/10012598303
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Self-Control and Loss Aversion in Intertemporal Choice
Selart, Marcus; Karlsson, Niklas; Garling, Tommy - 2012
The life-cycle theory of saving behavior (Modigliani, 1988) suggests that humans strive towards an equal intertemporal … distribution of wealth. However, behavioral life-cycle theory (Shefrin & Thaler, 1988) proposes that people use self control … heuristics to postpone wealth until later in life. According to this theory, people use a system of cognitive budgeting known as …
Persistent link: https://www.econbiz.de/10014165220
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Understanding intertemporal choices
Carbone, Enrica - In: Applied economics 38 (2006) 8, pp. 889-898
Persistent link: https://www.econbiz.de/10003330934
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Lifecycle consumption plans, social learning and external habits : experimental evidence
Carbone, Enrica; Duffy, John - In: Journal of economic behavior & organization : JEBO 106 (2014), pp. 413-427
Persistent link: https://www.econbiz.de/10010500981