• Control Thyself: Self-Control Failure and Household Wealth 

      Biljanovska, Nina; Palligkinis, Spyros (2014-10-09)
      We examine the relationship between household wealth and self-control. Although self-control has been linked to consumption and financial behavior, its measurement remains an open issue. We employ a definition of self-control ...
    • On the (ir)relevance of monetary incentives in risk preference elicitation experiments 

      Hackethal, Andreas; Kirchler, Michael; Laudenbach, Christine; Razen, Michael; Weber, Annika (2020-08-31)
      Incentivized experiments in which individuals receive monetary rewards according to the outcomes of their decisions are regarded as the gold standard for preference elicitation in experimental economics. These task-related ...
    • The Impact of Long-Run Macroeconomic Experiences on Personality 

      Vellekoop, Nathanaël (2016-08-01)
      Using two datasets containing demographically representative samples of the Dutch population, I study how lifetime experiences of aggregate labor market conditions affect personality. Three sets of findings are reported. ...
    • Time Preferences over the Life Cycle 

      Kureishi, Wataru; Paule-Paludkiewicz, Hannah; Tsujiyama, Hitoshi; Wakabayashi, Midori (2020-02-01)
      We study whether and how time preferences change over the life cycle, exploiting representative long-term panel data. We estimate the age patterns of discount rates from age 25 to 80. In order to identify age effects, we ...
    • Will They Take the Money and Work? An Empirical Analysis of People’s Willingness to Delay Claiming Social Security Benefits for a Lump Sum 

      Maurer, Raimond; Mitchell, Olivia S.; Rogalla, Ralph; Schimetschek, Tatjana (2014-01-01)
      This paper investigates whether exchanging the Social Security delayed retirement credit, currently paid as an increase in lifetime annuity benefits, for a lump sum would induce later claiming and additional work. We show ...