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Impatience and uncertainty: experimental decisions predict adolescents' field behavior

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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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Bibliographische Detailangaben
Weitere Verfasser: Sutter, Matthias (BerichterstatterIn) , Kocher, Martin (BerichterstatterIn) , Glätzle-Rützler, Daniela (BerichterstatterIn) , Trautmann, Stefan T. (BerichterstatterIn)
Dokumenttyp: Buch/Monographie Arbeitspapier
Sprache:Englisch
Veröffentlicht: München CESifo 2011
Schriftenreihe:CESifo working paper Behavioural Economics 3635
In: CESifo working papers (3635)

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Arbeitspapier
Graue Literatur
Online-Zugang:Verlag, Volltext: http://www.cesifo-group.de/portal/page/portal/ifoHome/b-publ/b3publwp/_wp_abstract?p_file_id=17041835&category=
Verlag, Volltext: http://www.cesifo-group.de/portal/pls/portal/docs/1/1210613.PDF
Download aus dem Internet, Stand: 18.11.2011, Volltext: http://hdl.handle.net/10419/52471
Volltext
Verfasserangaben:Matthias Sutter; Martin G. Kocher ; Daniela Rützler; 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 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. -- experiments with children and adolescents ; risk ; ambiguity ; time preferences ; health status ; savings ; conduct at school ; external validity
Beschreibung:Online Resource
Dokumenttyp:Systemvoraussetzungen: Acrobat Reader.

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