Impatience and uncertainty: experimental decisions predict adolecents' 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. We relate experimental choices to field behavior. Experimental measures of impatience are found to be significant predictors of health relate...

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Bibliographische Detailangaben
Weitere Verfasser: Sutter, Matthias (BerichterstatterIn) , Kocher, Martin (BerichterstatterIn) , Glätzle-Rützler, Daniela (BerichterstatterIn) , Trautmann, Stefan T. (BerichterstatterIn)
Dokumenttyp: Book/Monograph Arbeitspapier
Sprache:Englisch
Veröffentlicht: München Univ., Volkswirtschaftl. Fak. 2010 [erschienen] 2011
Ausgabe:This version: 22 December 2010
Schriftenreihe:Münchener Wirtschaftswissenschaftliche Beiträge 2010,36
In: Münchener Wirtschaftswissenschaftliche Beiträge (2010,36)

Schlagworte:
Online-Zugang:Resolving-System, Volltext: http://hdl.handle.net/10419/104319
Volltext
Verfasserangaben:Matthias Sutter; Martin G. Kocher; Daniela Rützler und Stefan T. Trautmann
Beschreibung
Zusammenfassung:We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to eighteen years, in an incentivized experiment. We relate experimental choices to field behavior. Experimental measures of impatience are found to be significant predictors of health related field behavior and saving decisions. In particular, more impatient children and adolescents are more likely to spend money on alcohol and cigarettes, have a higher body mass index (BMI) and are less likely to save money. Experimental measures for risk and ambiguity attitudes are only weak predictors of field behavior.
Beschreibung:Online Resource
Dokumenttyp:Systemvoraussetzungen: Acrobat Reader.