nep-neu New Economics Papers
on Neuroeconomics
Issue of 2018‒09‒24
three papers chosen by

  1. Effects of Poverty on Impatience: Preferences or Inattention? By Bartoš,; Bauer, Michal; Chytilova, Julie; Levely, Ian
  2. Personality traits as an engine of knowledge: A quantile regression approach By Polemis, Michael
  3. Cultural Diversity Values Embedded in Children?s Literature By Fatmeh Ja'far; Shatha Al-Ajeely

  1. By: Bartoš,; Bauer, Michal; Chytilova, Julie; Levely, Ian
    Abstract: We study two psychological channels how poverty may increase impatient behavior - an effect on time preference and reduced attention. We measured discount rates among Ugandan farmers who made decisions about when to enjoy entertainment instead of working. We find that experimentally induced thoughts about poverty-related problems increase the preference to consume entertainment early and delay work. The effect is equivalent to a 27 p.p. increase in the intertemporal rate of substitution. Using monitoring tools similar to eye tracking, a novel feature for this subject pool, we show this effect is not due to a lower ability to sustain attention.
    Keywords: Decision-making Process; inattention; poverty; preferences; Scarcity; Time Discounting
    Date: 2018–08
  2. By: Polemis, Michael
    Abstract: We use a unique micro-level data set to investigate the impact of personality traits on education. To the best of our knowledge this is the first study shedding light on the contribution of each of the Big Five personality traits on the education decision made by the individuals. Our findings, uncover a significant effect of non-cognitive skills on the level of education. Specifically, we argue that the estimated signs of the non-cognitive skills remain stable across the quantiles. It is shown that people with high emotional stability invest in human capital. Lastly, our model survived robustness checks under the inclusion of two aggregated higher-order factors.
    Keywords: Non-cognitive skills; Big Five personality traits; Education, Quantiles
    JEL: C31 I21 I24
    Date: 2018–07–31
  3. By: Fatmeh Ja'far (Amman Arab University); Shatha Al-Ajeely (Amman Arab University)
    Abstract: This study investigated the cultural diversity values embedded in children?s stories of the age 8-12 years in the Arab World presented by the characters of the stories, taking Jordan as a case study. The following questions were raised: 1- What are the cultural diversity values embedded in children stories for the age of 8-12 years? 2- What are the characters in children stories in terms of gender (male ? female), age (child-adult-old), and types (human-animal) that represented these values? Thirty three stories were chosen and analyzed using a developed checklist of the cultural diversity values, and Child, Potter & Levine (1971) classification of characters. Findings revealed that the cultural diversity values in children?s stories were not sufficient as they should be according to the used scale.
    Keywords: Cultural diversity, values, children?s literature.
    JEL: A29 I29 Z19
    Date: 2018–06

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