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heterogeneity. We prove it has solid comparative statics, discuss its identification, and demonstrate its computational convenience … estimating heterogeneity in preferences across individuals. …
Persistent link: https://www.econbiz.de/10014577706
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About 15 years ago, economic experiments with children and adolescents were considered as an extravagant niche of economic research. Since then, this type of research has exploded in scope and depth. It has become clear that studying the development of economic behavior and its determinants is...
Persistent link: https://www.econbiz.de/10011984507
Previous work has shown that preferences are not always stable across time, but surprisingly little is known about the reasons for this instability. I examine whether variation in people's emotions over time predicts changes in preferences. Using a large panel data set, I find that within-person...
Persistent link: https://www.econbiz.de/10012041905
We use novel data on nearly 6,000 children and adolescents aged 6 to 16 that combine incentivized measures of social, time, and risk preferences with rich information on child behavior and family environment to study whether children's economic preferences predict their behavior. Results from...
Persistent link: https://www.econbiz.de/10014534053
We use novel data on nearly 6,000 children and adolescents aged 6 to 16 that combine incen-tivized measures of social, time, and risk preferences with rich information on child behavior and family environment to study whether children's economic preferences predict their behavior. Re-sults from...
Persistent link: https://www.econbiz.de/10014534475
preference heterogeneity has its roots in the structure of the temporally distant migration patterns of our very early ancestors …
Persistent link: https://www.econbiz.de/10012207733
Economic theory and empirical evidence establish that economic preferences predict behavior and life outcomes for children, adolescents, and adults. In this paper, we use novel data on 4,282 siblings aged 6 to 16 that combine incentivized measures of time, risk, and social preferences with...
Persistent link: https://www.econbiz.de/10012233296
Economic theory and empirical evidence establish that economic preferences predict behavior and life outcomes for children, adolescents, and adults. In this paper, we use novel data on 4,282 siblings aged 6 to 16 that combine incentivized measures of time, risk, and social preferences with...
Persistent link: https://www.econbiz.de/10012232056