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Beliefs as a means of self-control? : evidence from a dynamic student survey
Bönisch, Felix; König, Tobias; … - 2024
We repeatedly elicit beliefs about the returns to study effort, in a large university course. A behavioral model of … quasi-hyperbolic discounting and malleable beliefs predicts that the dynamics of beliefs mirrors the importance of exerting … the hypothesized mechanism that beliefs serve as a means of self-control. …
Persistent link: https://www.econbiz.de/10014490754
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Present Bias for Monetary and Dietary Rewards: Evidence from Chinese Teenagers
Cheung, Stephen L.; Tymula, Agnieszka; Wang, Xueting - 2020
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
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Sophistication about self-control
Cobb-Clark, Deborah A.; Dahmann, Sarah Christina; … - 2021
We propose a broadly applicable empirical approach to classify individuals as time-consistent versus native or sophisticated regarding their self-control limitations. Operationalizing our approach based on nationally representative data reveals that self-control problems are pervasive and that...
Persistent link: https://www.econbiz.de/10012643583
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Sophistication about Self-Control
Cobb-Clark, Deborah A.; Dahmann, Sarah C.; Kamhöfer, … - 2021
We propose a broadly applicable empirical approach to classify individuals as time-consistent versus naïve or sophisticated regarding their self-control limitations. Operationalizing our approach based on nationally representative data reveals that self-control problems are pervasive and that...
Persistent link: https://www.econbiz.de/10012658188
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Thinking about tomorrow? Predicting experimental choice behavior and life outcomes from a survey measure of present bias
Dovern-Pinger, Pia Rosina - 2017
Using a representative sample of the German adult population, this paper investigates the extent to which a survey … related to in-vestments in financial assets and human capital. The results are threefold. First, the survey and experimental … measures of present bias are significantly related. Second, the survey measure predicts choices between immediate and delayed …
Persistent link: https://www.econbiz.de/10011748463
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Sophistication about self-control
Cobb-Clark, Deborah A.; Dahmann, Sarah Christina; … - 2021
We propose a broadly applicable empirical approach to classify individuals as time-consistent versus naïve or sophisticated regarding their self-control limitations. Operationalizing our approach based on nationally representative data reveals that self-control problems are pervasive and that...
Persistent link: https://www.econbiz.de/10012600894
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Sophistication about self-control
Cobb-Clark, Deborah A.; Dahmann, Sarah Christina; … - 2021
We propose a broadly applicable empirical approach to classify individuals as time-consistent versus native or sophisticated regarding their self-control limitations. Operationalizing our approach based on nationally representative data reveals that self-control problems are pervasive and that...
Persistent link: https://www.econbiz.de/10012605002
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Present bias for monetary and dietary rewards: evidence from Chinese teenagers
Cheung, Stephen L.; Tymula, Agnieszka; Wang, Xueting - 2020
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
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Thinking about tomorrow? : predicting experimental choice behavior and life outcomes from a survey measure of present bias
Pinger, Pia - 2017
Using a representative sample of the German adult population, this paper investigates the extent to which a survey … related to in-vestments in financial assets and human capital. The results are threefold. First, the survey and experimental … measures of present bias are significantly related. Second, the survey measure predicts choices between immediate and delayed …
Persistent link: https://www.econbiz.de/10011747143
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Mind, Behaviour and Health: A Randomised Experiment
Alem, Yonas; Behrendt, Hannah; Belot, Michèle; Bíró, … - 2016
Behavioural attitudes towards risk and time, as well as behavioural biases such as present bias, are thought to be important drivers of unhealthy lifestyle choices. This paper makes the first attempt to explore the possibility of training the mind to alter these attitudes and biases, and...
Persistent link: https://www.econbiz.de/10011524950