Universität zu Köln

Sutter, Matthias ORCID: 0000-0002-6143-8706, Yilmaz, Levent and Oberauer, Manuela (2015). Delay of gratification and the role of defaults An experiment with kindergarten children. Econ. Lett., 137. S. 21 - 25. LAUSANNE: ELSEVIER SCIENCE SA. ISSN 1873-7374

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Abstract

The ability to delay gratification has been shown to be related to higher education and income and better health status. We study in an experiment with 336 kindergarten children, aged three to six years, whether intertemporal choice behavior is malleable. In a control condition, about 50% of children prefer two rewards the next day over one reward immediately. By setting a simple default this fraction increases to more than 70%, indicating that simple defaults work very successfully in promoting delay of gratification. We also find that patience increases with age and that more patient children have a lower BMI. (C) 2015 Published by Elsevier B.V.

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Sutter, Matthias UNSPECIFIED orcid.org/0000-0002-6143-8706 UNSPECIFIED Yilmaz, Levent UNSPECIFIED UNSPECIFIED UNSPECIFIED Oberauer, Manuela UNSPECIFIED UNSPECIFIED UNSPECIFIED
URN:	urn:nbn:de:hbz:38-385880
DOI:	10.1016/j.econlet.2015.08.028
Journal or Publication Title:	Econ. Lett.
Volume:	137
Page Range:	S. 21 - 25
Date:	2015
Publisher:	ELSEVIER SCIENCE SA
Place of Publication:	LAUSANNE
ISSN:	1873-7374
Language:	English
Faculty:	Faculty of Management, Economy and Social Sciences
Divisions:	Center of Excellence C-SEB
Subjects:	Economics
Uncontrolled Keywords:	Keywords Language ADOLESCENTS Multiple languages Economics Multiple languages
Refereed:	Yes
URI:	http://kups.ub.uni-koeln.de/id/eprint/38588