Aging and Economic Preferences: Cumulative Meta-Analyses of Age Differences in Risk, Time, Social, and Effort Preferences

202319 citationsJournal Articlehybrid Open Access

Authors

Alexandra Bagaïni · University of Basel

Yunrui Liu · University of Basel

Arzie Bajrami · University of Basel

Gayoung Son · University of Basel

Loreen Tisdall · University of Basel

Rui Mata · University of Basel

Abstract

Overall, our results contrast with theories of aging that propose general age effects for risk and effort preferences, yet provide some but tenuous support for those suggesting age-related changes in time and social preferences. We discuss implications for theory development as well as future empirical work on economic preferences.

Topics & Keywords

Decision-Making and Behavioral Economics Economic and Environmental Valuation Psychological Well-being and Life Satisfaction

Publication Details

Published in: The Journals of Gerontology Series B

Volume 78, Issue 7, pp. 1122-1135

DOI: 10.1093/geronb/gbad034

Field-Weighted Citation Impact: 4.34

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Aging and Economic Preferences: Cumulative Meta-Analyses of Age Differences in Risk, Time, Social, and Effort Preferences

Authors

Abstract

Topics & Keywords

Publication Details