Similar Search Results

Financial education and consumers’ willingness to change behavior

Chatterjee, Swarn; Green-Pimentel, Leslie; Turner, Pamela - In: Investment Management and Financial Innovations 7 (2010) 3, pp. 73-81

This paper uses proprietary data comprising of 4,155 participants who attended financial education seminars conducted by a major U.S. consumer credit counseling agency in 2007. In this study, knowledge gained from attending the seminars is estimated using a multivariate regression model. Results...

Persistent link: https://www.econbiz.de/10011439781

Individual wealth accumulation: Why does dining together as a family matter?

Chatterjee, Swarn; Palmer, Lance; Goetz, Joseph - In: Applied Economics Research Bulletin 8, 2, pp. 1-22

This study uses data from the Panel Study of Income Dynamics to examine whether self-regulation, proxied by regularly dining together with family, is associated with better financial preparedness and greater wealth accumulation across time among households. Findings reveal that individuals who...

Persistent link: https://www.econbiz.de/10011440349

Individual wealth accumulation : why does dining together as a family matter?

Chatterjee, Swarn; Palmer, Lance; Goetz, Joseph - 2012

Persistent link: https://www.econbiz.de/10011451755

Hidden skewness : on the difficulty of multiplicative compounding under random shocks

Ensthaler, Ludwig; Nottmeyer, Olga; Weizsäcker, Georg; … - 2013

Multiplicative growth processes that are subject to random shocks often have a skewed distribution of outcomes. In a number of incentivized laboratory experiments we show that a large majority of participants either strongly underestimate skewness or ignore it completely. Participants...

Persistent link: https://www.econbiz.de/10010206117

Hidden skewness : on the difficulty of multiplicative compounding under random shocks : (updated version August 2015)

Ensthaler, Ludwig; Nottmeyer, Olga; Weizsäcker, Georg; … - 2015 - Updated version August 2015

Multiplicative growth processes that are subject to random shocks often have an asymmetric distribution of outcomes. In a series of incentivized laboratory experiments we show that a large majority of participants either strongly underestimate the asymmetry or ignore it completely. Participants...

Persistent link: https://www.econbiz.de/10012041010

Behavioral foundations of sustainability transitions

Gazheli, Ardjan; Antal, Miklós; Bergh, Jeroen C. J. M. … - 2012

social interactions, and on behavioral foundations of learning and innovation. …

Persistent link: https://www.econbiz.de/10010430808

A Dual Approach to Bayesian Inference and Adaptive Control

Tesfatsion, Leigh S. - Department of Economics, Iowa State University - 1982

This article surveys results established to date for the "criterion filtering" approach to adaptive control. Criterion filtering bypasses the usual preliminary updating of probability distributions via transitional probability assessments (Bayes' rule) and focuses instead on the direct updating...

Persistent link: https://www.econbiz.de/10004997758

Market composition and experience in common-value auctions

Goertz, Johanna M. M. - In: Experimental economics : a journal of the Economic … 15 (2012) 1, pp. 106-127

Persistent link: https://www.econbiz.de/10009580058

Social and private learning with endogenous decision timing

Jamison, Julian; Owens, David; Woroch, Glenn A. - 2009

effect. Overall we find that social learning, whether or not the behavior of others is truly informative, plays a large role …

Persistent link: https://www.econbiz.de/10003882877

Learning to be prepared

Kets, Willemien (contributor); Voorneveld, Mark (contributor) - 2005 - [Elektronische Ressource]

certain modes of behavior due to learning by doing. This paper provides discrete-time adjustment processes for strategic games … beliefs supported by observed play in the recent past, in line with much of the literature on learning. These processes … eventually settle down in the minimal prep sets of Voorneveld (2004, 2005). -- adjustment ; learning ; minimal prep sets …

Persistent link: https://www.econbiz.de/10002640702