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Does a forward-looking perspective affect self-control and the demand for commitment? Results from an educational intervention

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Alan, Şule and Ertaç, Seda and Gümüş, İnci (2021) Does a forward-looking perspective affect self-control and the demand for commitment? Results from an educational intervention. Economic Inquiry . ISSN 0095-2583 (Print) 1465-7295 (Online) Published Online First http://dx.doi.org/10.1111/ecin.13001

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Official URL: http://dx.doi.org/10.1111/ecin.13001

Abstract

This paper reports the results from a randomized educational intervention, that aims to build a forward-looking perspective in children. We evaluate the effects of the intervention on planning, commitment and consumption decisions in an intertemporal task using a temptation good, chocolate. We find that treated children end up consuming less chocolate on the earlier date than control children. This is both because they make more patient consumption plans, and because they exhibit a type of extreme self-control, eating even less than they had planned. Treatment effects are heterogeneous on gender, with treated girls becoming less present-biased (as well as more future-biased).

Item Type:Article
Uncontrolled Keywords:children, commitment, field experiment, randomized interventions, self-control
Subjects:H Social Sciences > HB Economic Theory
ID Code:41626
Deposited By:İnci Gümüş
Deposited On:16 Aug 2021 22:38
Last Modified:16 Aug 2021 22:38

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