With savings rates at record lows and inadequate long-term financial planning for retirement,
financial well-being has become an important topic for individuals and households as well …

It is understandable that people ask how the current financial crisis could happen. As the
market actors appear irrational, it is also understandable that people—lay people and …

The complexity of financial decisions that households now face has increased to
unprecedented levels. At the same time, households seem to lack the financial knowledge to …

The purpose of this paper is to investigate the influence of personality dimensions on wage
settings. The study was inspired by the model proposed by Bowles, Gintis, and Osborne …

The purpose of this paper is to investigate the notion that the behaviour of parents
(particularly that related to inter-temporal choice) influences the economic behaviour of their …

The acknowledged widespread lack of financial literacy casts serious doubts on the ability of
individuals to make financial decisions. Some studies suggest that financial experience can …

We estimate individual risk attitudes using controlled experiments in the field in Denmark.
The experiments were carried out across Denmark using a representative sample of 253 …

Using original purpose-built 2018 Japanese survey data, we estimate the financial
behaviors and attitudes of households. We find that financial literacy plays an important and …

This article presents the results of an experiment that completely measures the utility
function and probability weighting function for different positive and negative monetary …

I solve (with an approximation) a Grossman-Stiglitz economy under general preferences,
thus allowing for wealth effects. Because information generates increasing returns …