Impatience and uncertainty: Experimental decisions predict adolescents' field behavior

Arbeitspapier

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 redictors 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.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Working Papers in Economics and Statistics ; No. 2010-29

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Design of Experiments: Laboratory, Individual ; Field Experiments ; Criteria for Decision-Making under Risk and Uncertainty ; Micro-Based Behavioral Economics: General‡
• Thema: experiments with children and adolescents ; risk ; ambiguity ; time preferences ; health status ; savings ; external validity ; field behavior. ; Risikopräferenz ; Zeitpräferenz ; Jugendliche ; Gesundheitsvorsorge ; Sparen ; Feldforschung

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Sutter, Matthias ; Kocher, Martin G. ; Rützler, Daniela ; Trautmann, Stefan T.
• Ereignis: Veröffentlichung
• (wer): University of Innsbruck, Department of Public Finance
• (wo): Innsbruck
• (wann): 2010

Weitere Informationen

• Handle: http://hdl.handle.net/10419/73555
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ