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We investigate whether risk, time, environmental, and social preferences affect single family homeowners' investments in energy efficient renovations and energy quality of their house using established experimental measures and questionnaires. We find that homeowners who report to be more risk...
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In economic models, risk and social preferences are major determinants of criminal behavior. In criminology, low self-control is considered a fundamental cause of crime. Relating the arguments from both disciplines, this paper studies the relationship between self-control and both risk and...
Persistent link: https://www.econbiz.de/10010345126
preferences requires an improved understanding. We conduct an experiment in which individuals in small laboratory "societies …
Persistent link: https://www.econbiz.de/10012815445
laboratory experiment to provide a test of such a connection. In small laboratory "societies," people repeatedly vote for a …
Persistent link: https://www.econbiz.de/10011761608
laboratory experiment to provide a test of such a connection. In small laboratory "societies", people repeatedly vote for a …
Persistent link: https://www.econbiz.de/10011752337
This paper studies gender heterogeneity in preferences. We used experimental methods to elicit the subjective discount rate and attitude toward risk in Indian villages. Results show that women made more patient choices than men and that their discount rate is related to number of children. No...
Persistent link: https://www.econbiz.de/10010322205