In:
American Economic Review, American Economic Association, Vol. 103, No. 1 ( 2013-02-01), p. 510-531
Abstract:
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.
Type of Medium:
Online Resource
ISSN:
0002-8282
DOI:
10.1257/aer.103.1.510
Language:
English
Publisher:
American Economic Association
Publication Date:
2013
detail.hit.zdb_id:
203590-X
detail.hit.zdb_id:
2009979-4
Permalink
