nep-neu New Economics Papers
on Neuroeconomics
Issue of 2015‒12‒08
four papers chosen by
Daniel Houser
George Mason University

  1. Sins of the Fathers: The Intergenerational Legacy of the 1959-1961 Great Chinese Famine on Children’s Cognitive Development By Chih Ming Tan; Zhibo Tan; Xiaobo Zhang
  2. Cognitive Ability in Childhood and the Chronicity and Suicidality of Depression By Galen Chin-Lun Hung; Stefanie A. Pietras; Hannah Carliner; Laurie Martin; Larry J. Seidman; Stephen L. Buka; Stephen E. Gilman
  3. Cognitive Reflection Test: Whom, how, when By Pablo Brañas-Garza; Praveen Kujal; Balint Lenkei
  4. Does Confidence Predict Out-of-Domain Effort? By Prokudina, Elena; Renneboog, Luc; Tobler, Philippe

  1. By: Chih Ming Tan (Department of Economics, University of North Dakota, USA; The Rimini Centre for Economic Analysis, Italy); Zhibo Tan (School of Economics, Fudan University, China); Xiaobo Zhang (China Center for Economic Research, Peking University, China; International Food Policy Research Institute, USA)
    Abstract: The effect of early exposure to malnutrition on the next generation’s cognitive abilities has rarely been studied in human beings in large part due to lack of data. A natural experiment, the Great Chinese Famine, and a novel dataset are employed to study this effect. The paper finds that the cognitive abilities of children born to rural famine fathers were affected and that the impact is more pronounced in girls than in boys, whereas children born to female survivors are not affected. The uncovered gender-specific effect is almost entirely attributable to son preference exhibited in families with male famine survivors.
    Date: 2014–05
  2. By: Galen Chin-Lun Hung; Stefanie A. Pietras; Hannah Carliner; Laurie Martin; Larry J. Seidman; Stephen L. Buka; Stephen E. Gilman
    Abstract: The authors conducted a cohort study using data from 633 participants in the New England Family Study with lifetime depression. Cognitive abilities at age 7 were measured using the Wechsler Intelligence Scale for Children. Depression outcomes were assessed using structured diagnostic interviews administered up to four times in adulthood between ages 17 and 49.
    Keywords: Depression, Cognitive Ability, Childhood
    JEL: I
    Date: 2015–11–19
  3. By: Pablo Brañas-Garza (Middlesex University London); Praveen Kujal (Middlesex University London); Balint Lenkei (Middlesex University London)
    Abstract: We report the results of a meta-study of 118 Cognitive Reflection Test studies comprising of 44,558 participants across 21 countries. There is a negative correlation between being female and the overall, and individual, correct answers to CRT questions. Taking the test at the end of an experiment negatively impacts performance. Monetary incentives do not impact performance. Overall students perform better compared to non-student samples. Exposure to CRT over the years may impact outcomes, however, the effect is driven by online studies. We obtain mixed evidence on whether the sequence of questions matters. Finally, we find that computerized tests marginally improve results.
    Keywords: CRT, Experiments, Gender, Incentives, Glucose and Cognition
    Date: 2015
  4. By: Prokudina, Elena (Tilburg University, Center For Economic Research); Renneboog, Luc (Tilburg University, Center For Economic Research); Tobler, Philippe (Tilburg University, Center For Economic Research)
    Abstract: Predicting worker’s effort is important in many different areas, but is often difficult. Using a laboratory experiment, we test the hypothesis that confidence, i.e. the person-specific beliefs about her abilities, can be used as a generic proxy to predict future effort provision. We measure confidence in the domain of financial knowledge in three different ways (self-assessed knowledge, probability-based confidence, and incentive-compatible confidence) and find a positive relation with actual effort provision in an unrelated domain. Additional analysis shows that the findings are independent of a person’s traits such as gender, age, and nationality.
    Keywords: real-effor task; financial literacy; overconfidence
    JEL: G11 J22
    Date: 2015

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