Impatience and uncertainty: experimental decisions predict adolescents' field behavior

We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to eighteen years, in an incentivized experiment and relate experimental choices to field behavior. Experimental measures of impatience are found to be significant predictors of health-relate...

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Auteurs principaux: Sutter, Matthias (Auteur) , Trautmann, Stefan T. (Auteur)
Format: Article (Journal)
Langue:anglais
Publié: February 2013
In: American economic review
Year: 2013, Volume: 103, Numéro: 1, Pages: 510-531
ISSN:1944-7981
DOI:10.1257/aer.103.1.510
Accès en ligne:Verlag, Volltext: http://dx.doi.org/10.1257/aer.103.1.510
Verlag, Volltext: https://www.aeaweb.org/articles?id=10.1257/aer.103.1.510
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Notes sur l'auteur:by Matthias Sutter, Martin G. Kocher, Daniela Glätzle-Rützler, and Stefan T. Trautmann
Description
Résumé:We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to eighteen years, in an incentivized experiment and relate experimental choices to field behavior. Experimental measures of impatience are found to be significant predictors of health-related field behavior, saving decisions, and conduct at school. In particular, more impatient children and adolescents are more likely to spend money on alcohol and cigarettes, have a higher body mass index, are less likely to save money, and show worse conduct at school. Experimental measures for risk and ambiguity attitudes are only weak predictors of field behavior.
Description:Gesehen am 20.11.2018
Description matérielle:Online Resource
ISSN:1944-7981
DOI:10.1257/aer.103.1.510