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Are responses to a simple survey item sufficiently reliable in eliciting risk attitudes? Our angle in examining … about individual risk attitude because it is plausibly related to socio-demographic characteristics (including vulnerability …
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We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to …) and are less likely to save money. Experimental measures for risk and ambiguity attitudes are only weak predictors of …
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Lifelong learning becomes increasingly important in times of population ageing, but little is known about the returns to adult education or the effectiveness of government attempts to promote adult learning. This paper evaluates the effects of a large-scale randomized field experiment with...
Persistent link: https://www.econbiz.de/10010270066
and a secret saving device on solidarity in risk-sharing groups among rural villagers in the Philippines. Risk is … simulated by a lottery, risk-sharing is possible in solidarity groups of three and insurance is introduced via less risky …
Persistent link: https://www.econbiz.de/10010305633
What makes you a successful cooperator? Using data from the British television game show ``Golden Balls'' we analyze a prisoner's dilemma game and its pre-play. We find that players strategically select their partner for the PD, e.g., they bear in mind whether contestants lied. Players'...
Persistent link: https://www.econbiz.de/10010305937
illustrate that the bias of the ordinary heckit estimator is removed by these generalized estimation procedures. Along with OLS …
Persistent link: https://www.econbiz.de/10010329240