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Are the poor more impatient than the rich? : experimental evidence on the effect of (lab) wealth on intertemporal preferences

Siebert, Jan - 2020

behavioural point of view. This paper presents a laboratory experiment to test whether the poor show more impatient behaviour. In … the experiment, half of the participants gets a high participation fee, while the other half gets a low participation fee …, ob sich Arme ungeduldiger verhalten. Im Experiment erhält eine Hälfte der Teilnehmer eine hohe Teilnahmevergütung …

Persistent link: https://www.econbiz.de/10012206628

Time discounting and wealth inequality

Epper, Thomas; Fehr, Ernst; Fehr-Duda, Helga; Kreiner, … - 2019

Persistent link: https://www.econbiz.de/10012166973

Time discounting and wealth inequality

Epper, Thomas; Fehr, Ernst; Fehr-Duda, Helga; Kreiner, … - 2019

Persistent link: https://www.econbiz.de/10012543193

Intertemporal consumption and debt aversion : an experimental study

Meissner, Thomas - In: Experimental economics : a journal of the Economic … 19 (2016) 2, pp. 281-298

Persistent link: https://www.econbiz.de/10011659531

I will survive! : An experimental study of gender specific saving decisions by couples

Büchner, Susanne - 2002

Persistent link: https://www.econbiz.de/10013432704

Why monetary policy matters : an experimental study of saving, inflation and monetary policies in an overlapping generations model

Bernasconi, Michele - 1998

Persistent link: https://www.econbiz.de/10013442909

Self-Control and Loss Aversion in Intertemporal Choice

Selart, Marcus; Karlsson, Niklas; Garling, Tommy - 2012

The life-cycle theory of saving behavior (Modigliani, 1988) suggests that humans strive towards an equal intertemporal distribution of wealth. However, behavioral life-cycle theory (Shefrin & Thaler, 1988) proposes that people use self control heuristics to postpone wealth until later in life....

Persistent link: https://www.econbiz.de/10014165220

Exploring higher order risk effects

Deck, Cary A.; Schlesinger, Harris - In: The review of economic studies 77 (2010) 4, pp. 1403-1420

Persistent link: https://www.econbiz.de/10009238364

On saving and investing : an experimental study of intertemporal decision making in a complex stochastic environment

Anderhub, Vital; Güth, Werner; Knust, Florian - 2000

The experimental situation presents a complex stochastic intertemporal allocation problem. First, two initial chance moves select one of three possible termination probabilities which then determines whether "life" lasts 3,4,5, or 6 periods. Compared to Anderhub et al. (1997) participants are...

Persistent link: https://www.econbiz.de/10009582396

Exploring higher-order risk effects

Deck, Cary A.; Schlesinger, Harris - 2008

Higher-order risk effects play an important role in examining economic behavior under uncertainty. A precautionary demand for saving has been linked to the property of prudence and the property of temperance has been used to show how the presence of an unavoidable risk affects one's behavior...

Persistent link: https://www.econbiz.de/10003803499