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Preferences over wealth : experimental evidence
Gechert, Sebastian; Siebert, Jan - 2019
Preferences over wealth can explain why households do not spend more when real interest rates fall, because they save … more than optimal under a standard model. However, little is known about preferences over wealth empirically. We run an … wealth, consistent with wealth entering the utility function directly. …
Persistent link: https://www.econbiz.de/10012098818
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Are the poor more impatient than the rich? : experimental evidence on the effect of (lab) wealth on intertemporal preferences
Siebert, Jan - 2020
Poor people have, on average, a higher marginal propensity to consume. One (out of many) possible explanations for this is that poverty affects impatience. This would have important implications for monetary and fiscal policy. While some macroeconomists simply assume lower individual discount...
Persistent link: https://www.econbiz.de/10012206628
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Preferences over wealth : experimental evidence
Gechert, Sebastian; Siebert, Jan - In: Journal of economic behavior & organization : JEBO 200 (2022), pp. 1297-1317
Persistent link: https://www.econbiz.de/10013389407
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The impact of endowment heterogeneity and origin on contributions in best-shot public good games
Kroll, Stephan; Cherry, Todd L.; Shogren, Jason F. - In: Experimental economics : a journal of the Economic … 10 (2007) 4, pp. 411-428
Persistent link: https://www.econbiz.de/10003608202
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Gender differentiation in risk-taking behavior : On the relative risk aversion of single men and single women
Stark, Oded; Zawojska, Ewa - 2015
a woman is to a man. Correlating social status with relative wealth, we show how intensified distaste at experiencing … low relative wealth reduces relative risk aversion. …
Persistent link: https://www.econbiz.de/10011379120
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Gender differentiation in risk-taking behavior : on the relative risk aversion of single men and single women
Stark, Oded; Zawojska, Ewa - In: Economics letters 137 (2015), pp. 83-87
Persistent link: https://www.econbiz.de/10011436247
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Gender differentiation in risk-taking behavior : on the relative risk aversion of single men and single women
Stark, Oded; Zawojska, Ewa - 2015
a woman is to a man. Correlating social status with relative wealth, we show how intensified distaste at experiencing … low relative wealth reduces relative risk aversion. …
Persistent link: https://www.econbiz.de/10011383356
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Reference wealth effects in sequential choice
Neilson, William - In: Journal of risk and uncertainty : JRU 17 (1998) 1, pp. 27-47
Persistent link: https://www.econbiz.de/10001391057
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Experimental Research on Retirement Decision-Making : Evidence from Reproductions
Bachmann, Kremena; Lot, Andre; Xu, Xiaogeng; Hens, Thorsten - 2022
affects the saving behavior of the subjects. Savings are higher when they are incentivized with matching contributions than …
Persistent link: https://www.econbiz.de/10013491806
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Learning and visceral temptation in dynamic saving experiments
Brown, Alexander L.; Chua, Zhikang Eric; Camerer, Colin - In: The quarterly journal of economics 124 (2009) 1, pp. 197-231
Persistent link: https://www.econbiz.de/10003860729