• Medientyp: Bericht; E-Book
  • Titel: Beliefs as a Means of Self-Control? Evidence from a Dynamic Student Survey
  • Beteiligte: Bönisch, Felix [Verfasser:in]; König, Tobias [Verfasser:in]; Schweighofer-Kodritsch, Sebastian [Verfasser:in]; Weizsäcker, Georg [Verfasser:in]
  • Erschienen: Munich: Center for Economic Studies and ifo Institute (CESifo), 2024
  • Sprache: Englisch
  • Schlagwörter: D91 ; C81 ; self-control ; survey ; effort ; beliefs ; D81 ; present bias
  • Entstehung:
  • Anmerkungen: Diese Datenquelle enthält auch Bestandsnachweise, die nicht zu einem Volltext führen.
  • Beschreibung: We repeatedly elicit beliefs about the returns to study effort, in a large university course. A behavioral model of quasi-hyperbolic discounting and malleable beliefs predicts that the dynamics of beliefs mirrors the importance of exerting self-control, such that believed returns increase as the exam approaches, and drop post-exam. Exploiting variation in exam timing to control for common information shocks, we find this prediction confirmed: average believed study returns increase by about 20% over the period before the exam, and drop by about the same afterwards. Additional analyses further support the hypothesized mechanism that beliefs serve as a means of self-control.
  • Zugangsstatus: Freier Zugang