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We investigate whether the value of time (VOT) depends on when the corresponding preferences are measured: in advance, just before, or after the time period for which the time preferences are being evaluated. We find that the VOT is highest when elicited just before the time period. This is an...
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experiment in South Africa shows that significant order effects exist which, if uncorrected, would lead to distorted conclusions …
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diversification is elicited and estimated to be at 5% of the initial endowment. The experiment further shows that risk averse and loss …
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Can a short survey instrument reliably measure a range of fundamental economic preferences across diverse settings? We focus on survey questions that systematically predict behavior in incentivized experimental tasks among German university students (Becker et al. 2016) and were implemented...
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