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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w18065 |
来源ID | Working Paper 18065 |
Revising Commitments: Field Evidence on the Adjustment of Prior Choices | |
Xavier Giné; Jessica Goldberg; Dan Silverman; Dean Yang | |
发表日期 | 2012-05-10 |
出版年 | 2012 |
语种 | 英语 |
摘要 | The very poor in developing countries often make intertemporal choices that seem at odds with their individual self-interest. There are many possible reasons why. We investigate several of these reasons with a lab-in-the-field experiment in rural Malawi involving large stakes. We make two contributions. First, we construct a new dependent variable: revisions of prior choices regarding the allocation of future income. This allows us to directly examine intertemporal choice revision and its determinants. In particular, this dependent variable permits a novel test for the existence of self-control problems: we find that revisions of money allocations toward the present are positively associated with measures of present-bias from an earlier baseline survey, as well as the (randomly assigned) closeness in time to the first possible date of money disbursement. Second, we investigate other potential determinants of revision, aside from self-control problems. We find little evidence that revisions of money allocations toward the present are associated with spousal preferences for such revision, household shocks or the financial sophistication of respondents. |
主题 | Microeconomics ; Economics of Information ; Behavioral Economics ; Development and Growth ; Development |
URL | https://www.nber.org/papers/w18065 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/575741 |
推荐引用方式 GB/T 7714 | Xavier Giné,Jessica Goldberg,Dan Silverman,et al. Revising Commitments: Field Evidence on the Adjustment of Prior Choices. 2012. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w18065.pdf(287KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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