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Anna, Untertrifaller ; Manuel, Froitzheim ; Matthias, Sutter ; Michael, Weyland ; Matthias, Sutter. (2020) Financial Literacy, Risk and Time Preferences - Results from a Randomized Educational Intervention.
In: CESifo Working Paper Series. RePEc:ces:ceswps:_8489.
Full description at Econpapers
cites:
Source: Kahneman und Tversky 1984 4.A.2 Decision situation B You go into a shop and want to buy two things: a pair of trousers for 15 Euro and a calculator for 125 Euro. However, the salesperson points out that the calculator is 5 Euro cheaper in another store, which is about 20 minutes away.
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