Matches in SemOpenAlex for { <https://semopenalex.org/work/W3207803721> ?p ?o ?g. }
Showing items 1 to 49 of
49
with 100 items per page.
- W3207803721 abstract "Participants in an experiment can engage in unobservable asset integration, mentally incorporating their own non-experimental resources into an otherwise controlled scenario. This paper extends asset to include intertemporal tradeoffs like consumption smoothing. A model of lifecycle asset integration shows that exogenous and endogenous field resources cause different interference patterns. Exogenous resources cannot be affected by the experiment, and so their interference can be controlled by accounting for their level. Endogenous resources, by contrast, are highly substitutable with the experiment, and their interference can be controlled only by modeling the entire experiment-field interaction. The model's practical implications are investigated in the context of three classic laboratory experiments on risk and time: one static (Holt and Laury, 2002) and two dynamic (Andersen et al., 2008; Andreoni and Sprenger, 2012). As interference worsens, decisions in these tasks tend to exhibit a kind of attenuation bias toward less risk aversion and more patience. Interference occurs reliably when field resources are on household scales, but amounts on the scale of pocket change can also cause problems." @default.
- W3207803721 created "2021-10-25" @default.
- W3207803721 creator A5007131847 @default.
- W3207803721 creator A5068441375 @default.
- W3207803721 date "2019-04-01" @default.
- W3207803721 modified "2023-09-27" @default.
- W3207803721 title "Robustness of Experimental Risk- and Time-Preference Estimates to Lifecycle Asset Integration" @default.
- W3207803721 hasPublicationYear "2019" @default.
- W3207803721 type Work @default.
- W3207803721 sameAs 3207803721 @default.
- W3207803721 citedByCount "0" @default.
- W3207803721 crossrefType "proceedings-article" @default.
- W3207803721 hasAuthorship W3207803721A5007131847 @default.
- W3207803721 hasAuthorship W3207803721A5068441375 @default.
- W3207803721 hasConcept C104317684 @default.
- W3207803721 hasConcept C112930515 @default.
- W3207803721 hasConcept C144133560 @default.
- W3207803721 hasConcept C185592680 @default.
- W3207803721 hasConcept C38652104 @default.
- W3207803721 hasConcept C41008148 @default.
- W3207803721 hasConcept C55493867 @default.
- W3207803721 hasConcept C63479239 @default.
- W3207803721 hasConcept C76178495 @default.
- W3207803721 hasConceptScore W3207803721C104317684 @default.
- W3207803721 hasConceptScore W3207803721C112930515 @default.
- W3207803721 hasConceptScore W3207803721C144133560 @default.
- W3207803721 hasConceptScore W3207803721C185592680 @default.
- W3207803721 hasConceptScore W3207803721C38652104 @default.
- W3207803721 hasConceptScore W3207803721C41008148 @default.
- W3207803721 hasConceptScore W3207803721C55493867 @default.
- W3207803721 hasConceptScore W3207803721C63479239 @default.
- W3207803721 hasConceptScore W3207803721C76178495 @default.
- W3207803721 hasLocation W32078037211 @default.
- W3207803721 hasOpenAccess W3207803721 @default.
- W3207803721 hasPrimaryLocation W32078037211 @default.
- W3207803721 hasRelatedWork W1558305913 @default.
- W3207803721 hasRelatedWork W1589929340 @default.
- W3207803721 hasRelatedWork W2118255649 @default.
- W3207803721 hasRelatedWork W2152440237 @default.
- W3207803721 hasRelatedWork W2789455369 @default.
- W3207803721 hasRelatedWork W2945629262 @default.
- W3207803721 hasRelatedWork W2954990835 @default.
- W3207803721 hasRelatedWork W3097806380 @default.
- W3207803721 hasRelatedWork W3156623888 @default.
- W3207803721 hasRelatedWork W593099402 @default.
- W3207803721 isParatext "false" @default.
- W3207803721 isRetracted "false" @default.
- W3207803721 magId "3207803721" @default.
- W3207803721 workType "article" @default.