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http://hdl.handle.net/1893/19612
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DC Field | Value | Language |
---|---|---|
dc.contributor.author | Delaney, Liam | en_UK |
dc.contributor.author | Fink, Gunther | en_UK |
dc.contributor.author | Harmon, Colm | en_UK |
dc.date.accessioned | 2017-06-26T23:34:00Z | - |
dc.date.available | 2017-06-26T23:34:00Z | - |
dc.date.issued | 2014-03-31 | en_UK |
dc.identifier.uri | http://hdl.handle.net/1893/19612 | - |
dc.description.abstract | The ways in which preferences respond to the varying stress of economic environments is a key question for behavioral economics and public policy. We conducted a laboratory experiment to investigate the effects of stress on financial decision making among individuals aged 50 and older. Using the cold pressor task as a physiological stressor, and a series of intelligence tests as cognitive stressors, we find that stress increases subjective discounting rates, has no effect on the degree of risk-aversion, and substantially lowers the effort individuals make to learn about financial decisions. | en_UK |
dc.language.iso | en | en_UK |
dc.relation | Delaney L, Fink G & Harmon C (2014) Effects of stress on economic decision-making: Evidence from laboratory experiments. Stirling Economics Discussion Paper, 2014-02. | en_UK |
dc.relation.ispartofseries | Stirling Economics Discussion Paper, 2014-02 | en_UK |
dc.subject | stress | en_UK |
dc.subject | financial decisions | en_UK |
dc.subject | discounting | en_UK |
dc.subject | risk aversion | en_UK |
dc.subject | learning | en_UK |
dc.title | Effects of stress on economic decision-making: Evidence from laboratory experiments | en_UK |
dc.type | Working Paper | en_UK |
dc.citation.publicationstatus | Unpublished | en_UK |
dc.citation.peerreviewed | Refereed | en_UK |
dc.type.status | AM - Accepted Manuscript | en_UK |
dc.author.email | liam.delaney@stir.ac.uk | en_UK |
dc.citation.date | 31/03/2014 | en_UK |
dc.subject.jel | D91: Intertemporal Household Choice; Life Cycle Models and Saving | en_UK |
dc.subject.jel | I31: General Welfare; Well-Being | en_UK |
dc.contributor.affiliation | Economics | en_UK |
dc.contributor.affiliation | Harvard University | en_UK |
dc.contributor.affiliation | University of Sydney | en_UK |
dc.identifier.wtid | 639816 | en_UK |
dcterms.dateAccepted | 2014-03-31 | en_UK |
dc.date.filedepositdate | 2014-03-26 | en_UK |
rioxxterms.type | Working paper | en_UK |
rioxxterms.version | AM | en_UK |
local.rioxx.author | Delaney, Liam| | en_UK |
local.rioxx.author | Fink, Gunther| | en_UK |
local.rioxx.author | Harmon, Colm| | en_UK |
local.rioxx.project | Internal Project|University of Stirling|https://isni.org/isni/0000000122484331 | en_UK |
local.rioxx.freetoreaddate | 2014-03-31 | en_UK |
local.rioxx.licence | http://www.rioxx.net/licenses/under-embargo-all-rights-reserved||2014-03-31 | en_UK |
local.rioxx.licence | http://www.rioxx.net/licenses/all-rights-reserved|2014-03-31| | en_UK |
local.rioxx.filename | SEDP-2014-02-Delaney-Fink-Harmon.pdf | en_UK |
local.rioxx.filecount | 1 | en_UK |
Appears in Collections: | Economics Working Papers |
Files in This Item:
File | Description | Size | Format | |
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SEDP-2014-02-Delaney-Fink-Harmon.pdf | Fulltext - Accepted Version | 607.63 kB | Adobe PDF | View/Open |
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