Economic decisions have been shown to depend on actual outcomes as well as perceived intentions. In this paper, we examine whether and how the relative importance of outcomes or intentions for economic decisions develops with age. We report the results of ultimatum games with children, teens and...

This paper offers an explanation to why the general observation that elderly hold stronger moral attitudes than young ones may be an age rather than a cohort effect. We apply mechanisms from social psychology to explain how personal norms may evolve over the life cycle. We assume that people...

We find that younger generations in Sweden demand more social insurance compared with the older generations, although program rules have been constant for decades. The trend is strong, almost one % point higher take up per cohort, and robust across demographic groups. These trends in behavior...