Arbeitspapier
Framing effects and impatience: Evidence from a large scale experiment
We confront a representative sample of one 1,102 Dutch individuals with a series of incentivized investment decisions and also elicit their time preferences. There are two treatments that differ in the frequency at which individuals decide about the invested amount. The low frequency treatment stimulates decision makers to frame a sequence of risky decisions broadly rather than narrowly. We find that the framing effect is significantly larger for impatient than for patient individuals. This result is robust to controlling for various economic and demographic variables and for cognitive ability.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 7085
- Klassifikation
-
Wirtschaft
Field Experiments
Criteria for Decision-Making under Risk and Uncertainty
- Thema
-
framing
choice under risk
time preference
experiment
Entscheidung bei Risiko
Framing
Zeitpräferenz
Test
Niederlande
- Ereignis
-
Geistige Schöpfung
- (wer)
-
van der Heijden, Eline
Klein, Tobias J.
Müller, Wieland
Potters, Jan
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2012
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- van der Heijden, Eline
- Klein, Tobias J.
- Müller, Wieland
- Potters, Jan
- Institute for the Study of Labor (IZA)
Entstanden
- 2012
Ähnliche Objekte (12)
Freemium pricing: Evidence from a large-scale field experiment
Freemium pricing: Evidence from a large-scale field experiment
Large-scale multi-item auctions : evidence from multimedia-supported experiments
Large-scale Multi-item Auctions : Evidence from Multimedia-supported Experiments
Tax audits as scarecrows: Evidence from a large-scale field experiment
The Value of Leadership: Evidence from a Large-Scale Field Experiment
Tax Audits as Scarecrows. Evidence from a Large-Scale Field Experiment
Large-Scale Experiments on Wafer-Scale Neuromorphic Hardware
Train Commuters' Scheduling Preferences: Evidence from a Large-Scale Peak Avoidance Experiment
Parental Beliefs, Investments, and Child Development: Evidence from a Large-Scale Experiment
Human-machine interactions in pricing: Evidence from two large-scale field experiments
Human-Machine Interactions in Pricing: Evidence from Two Large-Scale Field Experiments
Freemium pricing: Evidence from a large-scale field experiment
Freemium pricing: Evidence from a large-scale field experiment
Large-scale multi-item auctions : evidence from multimedia-supported experiments
Large-scale Multi-item Auctions : Evidence from Multimedia-supported Experiments
Tax audits as scarecrows: Evidence from a large-scale field experiment
The Value of Leadership: Evidence from a Large-Scale Field Experiment
Tax Audits as Scarecrows. Evidence from a Large-Scale Field Experiment
Large-Scale Experiments on Wafer-Scale Neuromorphic Hardware
Train Commuters' Scheduling Preferences: Evidence from a Large-Scale Peak Avoidance Experiment
Parental Beliefs, Investments, and Child Development: Evidence from a Large-Scale Experiment
Human-machine interactions in pricing: Evidence from two large-scale field experiments
Human-Machine Interactions in Pricing: Evidence from Two Large-Scale Field Experiments
Freemium pricing: Evidence from a large-scale field experiment
Freemium pricing: Evidence from a large-scale field experiment
Large-scale multi-item auctions : evidence from multimedia-supported experiments
Large-scale Multi-item Auctions : Evidence from Multimedia-supported Experiments
Tax audits as scarecrows: Evidence from a large-scale field experiment
The Value of Leadership: Evidence from a Large-Scale Field Experiment
Tax Audits as Scarecrows. Evidence from a Large-Scale Field Experiment
Large-Scale Experiments on Wafer-Scale Neuromorphic Hardware
Train Commuters' Scheduling Preferences: Evidence from a Large-Scale Peak Avoidance Experiment
Parental Beliefs, Investments, and Child Development: Evidence from a Large-Scale Experiment
Human-machine interactions in pricing: Evidence from two large-scale field experiments