Saving Behavior and Cognitive Abilities
Document Type
Article
Publication Date
2011
Abstract
Experiments on saving behavior reveal substantial heterogeneity of behavior and performance. We show that this heterogeneity is reliable and examine several potential sources of it, including cognitive ability and personality scales. The strongest predictors of both behavior and performance are two cognitive ability measures. We conclude that complete explanations of heterogeneity in dynamic decision making require attention to complexity and individual differences in cognitive constraints.
Recommended Citation
Ballinger, T. P., Hudson, E., Karkoviata, L. and Wilcox, N. "Saving Behavior and Cognitive Abilities." Experimental Economics, 14(3), p. 349-374, 2011.
DOI:10.1007/s10683-010-9271-3
Peer Reviewed
1
Copyright
Springer
Comments
This article was originally published in Experimental Economics, volume 14, issue 3, in 2011.
The link above is to the authoritative publisher’s version, as noted by the Economic Science Institute, and may reside behind a paywall. If denied access, Chapman students, faculty, and staff should try this link.