Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/52471
Authors: 
Sutter, Matthias
Kocher, Martin G.
Rützler, Daniela
Trautmann, Stefan T.
Year of Publication: 
2011
Series/Report no.: 
CESifo working paper: Behavioural Economics 3635
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.
Subjects: 
experiments with children and adolescents
risk
ambiguity
time preferences
health status
savings
conduct at school
external validity
JEL: 
C91
C93
D81
D90
Document Type: 
Working Paper

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