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Studies have frequently found that women are more risk averse than men. In this paper, we depart from usual practice in economics that treats risk attitude as a primitive, and instead adopt a neuroeconomic approach where risk attitude is determined by the reference point which can be easily...
Persistent link: https://www.econbiz.de/10014296882
Studies have frequently found that women are more risk averse than men. In this paper, we depart from usual practice in economics that treats risk attitude as a primitive, and instead adopt a neuroeconomic approach where risk attitude is determined by the reference point which can be easily...
Persistent link: https://www.econbiz.de/10014279738
Economists model self-control problems through time-inconsistent preferences. Empirical tests of these preferences largely rely on experimental elicitation methods using monetary rewards, with several recent studies failing to find present bias for money. In this paper, we compare estimates of...
Persistent link: https://www.econbiz.de/10012270084
Quasi-hyperbolic discounting is one of the most well-known and widely-used models to capture self-control problems in the economics literature. The underlying assumption of this model is that agents have a "present bias" toward current consumption such that all future rewards are downweighed...
Persistent link: https://www.econbiz.de/10012658204
Persistent link: https://www.econbiz.de/10012658746
Quasi-hyperbolic discounting is one of the most well-known and widely-used models to capture self-control problems in the economics literature. The underlying assumption of this model is that agents have a "present bias" toward current consumption such that all future rewards are downweighed...
Persistent link: https://www.econbiz.de/10012603224
Quasi-hyperbolic discounting is one of the most well-known and widely-used models to capture selfcontrol problems in the economics literature. The underlying assumption of this model is that agents have a “present bias” toward current consumption such that all future rewards are downweighed...
Persistent link: https://www.econbiz.de/10013215091
Economists model self-control problems through time-inconsistent preferences. Empirical tests of these preferences largely rely on experimental elicitation methods using monetary rewards, with several recent studies failing to find present bias for money. In this paper, we compare estimates of...
Persistent link: https://www.econbiz.de/10012829926
Economists model self-control problems through time-inconsistent preferences. Empirical tests of these preferences largely rely on experimental elicitation methods using monetary rewards, with several recent studies failing to find present bias for money. In this paper, we compare estimates of...
Persistent link: https://www.econbiz.de/10012242348
Economists model self-control problems through time-inconsistent preferences. Empirical tests of these preferences largely rely on experimental elicitation methods using monetary rewards, with several recent studies failing to find present bias for money. In this paper, we compare estimates of...
Persistent link: https://www.econbiz.de/10014095614