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only for children around the median of the attendance rate baseline distribution (between deciles 4 and 6). The … intervention was ineffective for children with very high or very low pre-treatment absenteeism levels. Our results, although … encouraging, emphasize the limits of these types of interventions, especially for children in families where barriers to reduce …
Persistent link: https://www.econbiz.de/10012792216
Using a longitudinal study of 1,900 Peruvian children, I show that children who grow up in a household where mothers … with an incentivized experiment. The effect of domestic violence on risk attitudes is not mediated by cognitive development … and suggests that early negative experiences in life can directly influence the risk attitudes of children. This …
Persistent link: https://www.econbiz.de/10012231607
children through purposeful investments. We exploit information on the risk and trust attitudes of parents and their children …, as well as rich information about parental efforts in the upbringing of their children from the German Socio …-Economic Panel Study. Our results show that parents who invest more in the upbringing of their children are more similar to them with …
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methodology, we conducted a laboratory experiment that allowed us to isolate behavioral biases and personality traits and measure …
Persistent link: https://www.econbiz.de/10011392293
If we reassess the rationality question under the assumption that the uncertainty of the natural world is largely … theory of ecological rationality. The main casualty of this rebuilding process is optimality. Once we view optimality as a … formal implication of quantified uncertainty rather than an ecologically meaningful objective, the rationality question …
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Making financial decisions under risk and uncertainty has become part of everyday life. Traditional finance explores the objective side of risk, analysing the decisions made by perfectly rational individuals in efficient market conditions. Behavioural finance seeks to connect theory with...
Persistent link: https://www.econbiz.de/10014530307
Public choice theory has originally been motivated by the need to correct the asymmetry, widespread in traditional welfare economics, between the motivational assumptions of market participants and policymakers: Those who played the game of politics should also be considered rational and...
Persistent link: https://www.econbiz.de/10010238281
economics to empirically analyze the extent to which academic achievement, the relative weight of rationality vs. fairness in … affected by notions of rationality and fairness and individuals’ subjective satisfaction with life. Given the economic …
Persistent link: https://www.econbiz.de/10014040466