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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| Other Authors: | , , , |
|---|---|
| Format: | Book/Monograph Working Paper |
| Language: | English |
| Published: |
München
Univ., Volkswirtschaftl. Fak.
2010 [erschienen] 2011
|
| Edition: | This version: 22 December 2010 |
| Series: | Münchener Wirtschaftswissenschaftliche Beiträge
2010,36 |
| In: |
Münchener Wirtschaftswissenschaftliche Beiträge (2010,36)
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| Subjects: | |
| Online Access: | Resolving-System, Volltext: http://hdl.handle.net/10419/104319
|
| Author Notes: | Matthias Sutter; Martin G. Kocher; Daniela Rützler und Stefan T. Trautmann |
MARC
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| 245 | 0 | 0 | |a Impatience and uncertainty |b experimental decisions predict adolecents' field behavior |c Matthias Sutter; Martin G. Kocher; Daniela Rützler und Stefan T. Trautmann |
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| 520 | |a 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. | ||
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