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Financial literacy, risk and time preferences : results from a randomized educational intervention
Sutter, Matthias; Weyland, Michael; Untertrifaller, Anna; … - 2020 - This version: 1 August 2020
We present the results of a randomized intervention in schools to study how teaching financial literacy affects risk and time preferences of adolescents. Following more than 600 adolescents, aged 16 years on average, over about half a year, we provide causal evidence that teaching financial...
Persistent link: https://www.econbiz.de/10012256256
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A critical perspective on the conceptualization of risk in behavioral and experimental finance
Holzmeister, Felix; Huber, Christoph; Palan, Stefan - 2021
Risk is one of the key aspects in financial decision-making and therefore an integral part of the behavioral economics and finance literature. Focusing on the conceptualization of the term "risk", which researchers have addressed from numerous angles, this comment aims to offer a critical...
Persistent link: https://www.econbiz.de/10012591124
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Social status and risk-taking in investment decisions
Lindner, Florian; Kirchler, Michael; Rosenkranz, Stephanie - 2019
A pervasive feature in the finance industry is relative performance, which can include extrinsic (money), intrinsic (self-image), and reputational (status) motives. In this paper, we model a portfolio decision with two assets and investigate how reputational motives (i.e., the public...
Persistent link: https://www.econbiz.de/10012008982
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Donations, risk attitudes and time preferences : a study on altruism in primary school children
Angerer, Silvia; Glätzle-Rützler, Daniela; … - 2015
a prisoner's dilemma game affects behavior and leads to discrimination. Running a framed field experiment with 828 six …- to eleven-year old primary school children in the city of Meran, we find that cooperation generally increases with age …, but that the gap between cooperation among in-group members and cooperation towards children speaking another language is …
Persistent link: https://www.econbiz.de/10010529903
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Donations, risk attitudes and time preferences : a study on a ltruism in primary school children
Angerer, Silvia; Glätzle-Rützler, Daniela; … - 2014
experiment is related to children’s risk attitudes and intertemporal choices. Examining such a relationship is motivated by …We study in a sample of 1,070 primary school children, aged seven to eleven years, how altruism in a donation …
Persistent link: https://www.econbiz.de/10010401354
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Determinants of financial literacy and behavioral bias among adolescents
Aschenwald, Marco; Holzknecht, Armando; Kirchler, Michael; … - 2023
Building on cross-sectional data for Austrian high school students from fifth to twelfth grade, we investigate the correlations between socio-economic background variables and a comprehensive set of variables related to financial decision-making (i.e., financial knowledge, behavioral...
Persistent link: https://www.econbiz.de/10013483340
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Children's patience and school-track choices several years later : linking experimental and field data
Angerer, Silvia; Bolvashenkova, Jana; … - 2021
We present direct evidence on the link between children's patience and educational-track choices years later. Combining … an incentivized patience measure of 493 primary-school children with their high-school track choices taken at least three …
Persistent link: https://www.econbiz.de/10012591184
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Gender differences in competition emerge early in life
Sutter, Matthias; Glätzle-Rützler, Daniela - 2010 - This version: 15 June 2010
We study gender differences in the willingness to compete in a large-scale experiment with 1,035 children and teenagers …. -- competition ; gender gap ; experiment ; children ; teenagers …, aged three to eighteen years. Using an easy math task for children older than eight years and a running task for the …
Persistent link: https://www.econbiz.de/10009736603
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Gender differences in competition emerge early in life
Sutter, Matthias; Glätzle-Rützler, Daniela - 2010
Persistent link: https://www.econbiz.de/10008658546
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The role of non-binding pledges in social dilemmas with mitigation and adaptation
McEvoy, David M.; Haller, Tobias; Blanco, Esther - 2019
significant predictors of mitigation investments over the course of the experiment. …
Persistent link: https://www.econbiz.de/10011988473