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  1. Sophistication about self-control
    Autor*in: Cobb-Clark, Deborah A.; Dahmann, Sarah C.; Kamhöfer, Daniel A.; Schildberg-Hörisch, Hannah
    Erschienen: July 2021
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    We propose a broadly applicable empirical approach to classify individuals as time-consistent versus naïve or sophisticated regarding their self-control limitations. Operationalizing our approach based on nationally representative data reveals that... mehr

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    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 4
    Fernleihe:
    keine Fernleihe

     

    We propose a broadly applicable empirical approach to classify individuals as time-consistent versus naïve or sophisticated regarding their self-control limitations. Operationalizing our approach based on nationally representative data reveals that self-control problems are pervasive and that most people are at least partly aware of their limited self-control. Compared to naïfs, sophisticates have higher IQs, better educated parents, and are more likely to take up commitment devices. Accounting for both the level and awareness of self-control limitations has predictive power beyond one-dimensional notions of self-control that neglect awareness. Importantly, sophistication fully compensates for self-control problems when choices involve immediate costs and later benefits. Raising people's awareness of their own self-control limitations may thus assist them in overcoming any adverse consequences.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/245660
    Schriftenreihe: Discussion paper series / IZA ; no. 14609
    Schlagworte: self-control; sophistication; naïveté; commitment devices; present bias
    Umfang: 1 Online-Ressource (circa 75 Seiten), Illustrationen
  2. Sophistication about self-control
    Autor*in: Cobb-Clark, Deborah A.; Dahmann, Sarah C.; Kamhöfer, Daniel A.; Schildberg-Hörisch, Hannah
    Erschienen: [2021]
    Verlag:  German Socio-Economic Panel (SOEP), DIW Berlin, Berlin, Germany

    We propose a broadly applicable empirical approach to classify individuals as time-consistent versus native or sophisticated regarding their self-control limitations. Operationalizing our approach based on nationally representative data reveals that... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 318
    Fernleihe:
    keine Fernleihe

     

    We propose a broadly applicable empirical approach to classify individuals as time-consistent versus native or sophisticated regarding their self-control limitations. Operationalizing our approach based on nationally representative data reveals that self-control problems are pervasive and that most people are at least partly aware of their limited self-control. Compared to naifs, sophisticates have higher IQs, better educated parents, and are more likely to take up commitment devices. Accounting for both the level and awareness of self-control limitations has predictive power beyond one-dimensional notions of self-control that neglect awareness. Importantly, sophistication fully compensates for self-control problems when choices involve immediate costs and later benefits. Raising people's awareness of their own self-control limitations may thus assist them in overcoming any adverse consequences.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/243183
    Schriftenreihe: SOEPpapers on multidisciplinary panel data research ; 1144 (2021)
    Schlagworte: self-control; sophistication; naiveté; commitment devices; present bias
    Umfang: 1 Online-Ressource (circa 75 Seiten), Illustrationen
  3. Sophistication about self-control
    Autor*in: Cobb-Clark, Deborah A.; Dahmann, Sarah C.; Kamhöfer, Daniel A.; Schildberg-Hörisch, Hannah
    Erschienen: July 2021
    Verlag:  Heinrich-Heine-University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE), Düsseldorf, Germany

    We propose a broadly applicable empirical approach to classify individuals as timeconsistent versus na¨ıve or sophisticated regarding their self-control limitations. Operationalizing our approach based on nationally representative data reveals that... mehr

    Zugang:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 256
    Fernleihe:
    keine Fernleihe

     

    We propose a broadly applicable empirical approach to classify individuals as timeconsistent versus na¨ıve or sophisticated regarding their self-control limitations. Operationalizing our approach based on nationally representative data reveals that self-control problems are pervasive and that most people are at least partly aware of their limited self-control. Compared to na¨ıfs, sophisticates have higher IQs, better educated parents, and are more likely to take up commitment devices. Accounting for both the level and awareness of self-control limitations has predictive power beyond one-dimensional notions of self-control that neglect awareness. Importantly, sophistication fully compensates for self-control problems when choices involve immediate costs and later benefits. Raising people's awareness of their own self-control limitations may thus assist them in overcoming any adverse consequences.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9783863043643
    Weitere Identifier:
    hdl: 10419/235753
    Schriftenreihe: Discussion paper / Düsseldorf Institute for Competition Economics (DICE) ; no 365
    Schlagworte: self-control; sophistication; naïveté; commitment devices; present bias
    Umfang: 1 Online-Ressource (circa 80 Seiten), Illustrationen
  4. Digital addiction
    Autor*in: Allcott, Hunt; Gentzkow, Matthew Aaron; Song, Lena
    Erschienen: 2021
    Verlag:  Stanford Institute for Economic Policy Research (SIEPR), Stanford, CA

    Many have argued that digital technologies such as smartphones and social media are addictive. We develop an economic model of digital addiction and estimate it using a randomized experiment. Temporary incentives to reduce social media use have... mehr

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    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    Keine Rechte
    Fernleihe:
    keine Fernleihe

     

    Many have argued that digital technologies such as smartphones and social media are addictive. We develop an economic model of digital addiction and estimate it using a randomized experiment. Temporary incentives to reduce social media use have persistent effects, suggesting social media are habit forming. Allowing people to set limits on their future screen time substantially reduces use, suggesting self-control problems. Additional evidence suggests people are inattentive to habit formation and partially unaware of self-control problems. Looking at these facts through the lens of our model suggests that self-control problems cause 31 percent of social media use.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Working paper / Stanford Institute for Economic Policy Research (SIEPR) ; no. 21, 037 (June, 2021)
    Schlagworte: Habit formation; projection bias; self-control; temptation; naivete; commitment devices; randomized experiments; social media
    Umfang: 1 Online-Ressource (circa 127 Seiten), Illustrationen
  5. Fostering the adoption of robo-advisors
    a 3-weeks online stock-trading experiment
    Autor*in: Gaudeul, Alexia; Giannetti, Caterina
    Erschienen: [2021]
    Verlag:  [Università di Pisa, Dipartimento di Economia e Management], [Pisa]

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    VS 664
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Discussion papers / Università di Pisa, Dipartimento di Economia e Management ; n. 275 (2021)
    Schlagworte: disposition effect; commitment devices; robo-advisors; sophisticated investors; trading; algorithm aversion
    Umfang: 1 Online-Ressource (circa 37 Seiten), Illustrationen