New Economics Papers
on Neuroeconomics
Issue of 2010‒07‒17
four papers chosen by

  1. Long-term effects of cognitive skills, social adjustment and schooling on health and lifestyle: Evidence from a reform of selective schooling By Jones, A.;; Rice, N.;; Rosa Dias, P.
  2. Social Preferences in Childhood and Adolescence: A Large-Scale Experiment By Sutter, Matthias; Feri, Francesco; Kocher, Martin G.; Martinsson, Peter; Nordblom, Katarina; Rützler, Daniela
  3. Older Adults’ Awareness of Community Health and Support Services for Dementia Care By Jenny Ploeg; Margaret Denton; Joseph Tindale; Brian Hutchison; Kevin Brazil; Noori Akhtar-Danesh; Jean Lillie; Jennifer Millen Plenderleith
  4. Assessing elicitation task bias in time preference using experiments with articial subjects By Oksana Tokarchuk; Roberto Gabriele

  1. By: Jones, A.;; Rice, N.;; Rosa Dias, P.
    Abstract: Members of the National Child Development Study (NCDS) cohort attended very different types of secondary school, as their schooling lay within the transition period of the comprehensive education reform in England and Wales. This provides a natural setting to explore the impact of educational attainment and of school quality on health and health-related behaviour later in life. We use a combination of matching methods and parametric regressions to deal with selection effects and to evaluate differences in adult health outcomes and health-related behaviour for cohort members exposed to the old selective and to the new comprehensive educational systems.
    Keywords: Health; Education; Comprehensive schooling; Cognitive ability; Non-cognitive skills; NCDS
    JEL: I12 I28 C21
    Date: 2010–07
  2. By: Sutter, Matthias (University of Innsbruck); Feri, Francesco (University of Innsbruck); Kocher, Martin G. (University of Munich); Martinsson, Peter (University of Gothenburg); Nordblom, Katarina (Göteborg University); Rützler, Daniela (University of Innsbruck)
    Abstract: Social preferences have been shown to be an important determinant of economic decision making for many adults. We present a large-scale experiment with 883 children and adolescents, aged eight to seventeen years. Participants make decisions in eight simple, one-shot allocation tasks, allowing us to study the distribution of social preference types across age and across gender. Our results show that when children and teenagers grow older, inequality aversion becomes a gradually less prominent motivating force of allocation decisions. At the same time, efficiency concerns increase in importance for boys, and maximin-preferences turn more important in shaping decisions of girls.
    Keywords: children, social preferences, age, gender, experiment
    JEL: C91 D63 D64
    Date: 2010–06
  3. By: Jenny Ploeg; Margaret Denton; Joseph Tindale; Brian Hutchison; Kevin Brazil; Noori Akhtar-Danesh; Jean Lillie; Jennifer Millen Plenderleith
    Abstract: The article examines where older adults seek help in caring for a parent with dementia and the factors associated with their identification of community health and support services as sources of assistance. The authors conducted telephone interviews, using random digit dialing, of 1,152 adults aged 50 and over in the city of Hamilton. Respondents received a vignette that raised issues related to parental dementia. In identifying support sources, over 37 per cent of respondents identified their physician, 33 per cent identified informal support such as family and neighbors, and 31 per cent identified home health services. Only 18 per cent identified community support services. Female participants having higher levels of education were more likely to identify their physician as a source of support. Knowing where to find information about community support services was associated with an increased likelihood of mentioning physicians and home health services as sources of assistance.
    Keywords: community support services , awareness , dementia , caregivers , vignette methodology
    JEL: I18
    Date: 2010–06
  4. By: Oksana Tokarchuk; Roberto Gabriele
    Abstract: Experimental results in research on time preference are often controversial. We propose a systematic investigation of choice task in multiple price list format (MPL) that is frequently implemented in experiments on time preference, through a computer simulation analysis. We conduct experiments with articial subjects to demonstrate that elicited discount rates are highly dependent on the structure of elicitation task. We verify that implementation of choice task in MPL with nominal structure results in observation of hyperbolic discounting. Choice task in MPL with interest rates structure leads to elicitation of discount rates compatible with exponential discounting. Moreover, we show that the magnitude and intensity of corresponding pattern in data depends on the internal structure of elicitation task. Comparison between discount rates elicited with articial and human subjects suggests that behavior of human subjects in experiments with MPL can be described by two simple rules: positive discounting and anchoring.
    Keywords: elicitation task bias, time preference, choice task, multiple price list, articial agent simulations
    JEL: D91 C63
    Date: 2010–07–09

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