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Mindfulness could influence economic and health related behaviour by bringing about increased and unbiased attention to the present moment, for example to a decision making process. This study explores the relationship between mindfulness and economic preferences, and consequently well-being, of...
Persistent link: https://www.econbiz.de/10011998794
Financial literacy and economic preferences are considered to be important drivers of health, income, and general well-being. In this paper we bridge the gap between studies on financial literacy and research on economic preferences by how they interplay with each other and the field behavior of...
Persistent link: https://www.econbiz.de/10012203420
. -- framing ; choice under risk ; time preference ; experiment …
Persistent link: https://www.econbiz.de/10009681527
relations have never been investigated with field data. In a large-scale experiment with 658 adolescents, we relate experimental …
Persistent link: https://www.econbiz.de/10012438117
We confront a representative sample of one 1,102 Dutch individuals with a series of incentivized investment decisions and also elicit their time preferences. There are two treatments that differ in the frequency at which individuals decide about the invested amount. The low frequency treatment...
Persistent link: https://www.econbiz.de/10013089008
between environment and preferences. To verify the model's prediction, we use a combined artefactual field experiment and …
Persistent link: https://www.econbiz.de/10013079227
weighting functions for the risky prospects placed 6 and 12 months into the future. The experiment is used to test whether …
Persistent link: https://www.econbiz.de/10014581476
We study preferences over lotteries that pay a specific prize at uncertain future dates: time lotteries. The standard … a motivation, we show in an incentivized experiment that most subjects exhibit the opposite behavior, i.e., they are … risk averse over time lotteries (RATL). We then make two theoretical contributions. First, we show that RATL can be …
Persistent link: https://www.econbiz.de/10012937078
We study preferences over lotteries that pay a speci fic prize at uncertain future dates: time lotteries. The standard … a motivation, we show in an incentivized experiment that most subjects exhibit the opposite behavior, i.e., they are … risk averse over time lotteries (RATL). We then make two theoretical contributions. First, we show that RATL can be …
Persistent link: https://www.econbiz.de/10012937079
test the relevance and applications of the results. Practical implications This model has important, measurable …
Persistent link: https://www.econbiz.de/10012128806