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Replication: Framing effects in intertemporal choice with children

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  • Faralla, Valeria
  • Novarese, Marco
  • Di Giovinazzo, Viviana

Abstract

This paper investigates the effects of framing in intertemporal choice by elementary school children. Sutter, Yilmaz, and Oberauer (2015) recently demonstrated that intertemporal choice in children is malleable with respect to simple defaults. Using a similar approach, we replicated their study. We also found that children are more willing to select the immediate option in (standard) control frames than in alternative ones that appear to promote delay of gratification. This finding is consistent with previous experiments on children as well as adults and may have implications for cultivating the ability to delay gratification in individuals.

Suggested Citation

  • Faralla, Valeria & Novarese, Marco & Di Giovinazzo, Viviana, 2021. "Replication: Framing effects in intertemporal choice with children," Journal of Economic Psychology, Elsevier, vol. 82(C).
    • Handle: RePEc:eee:joepsy:v:82:y:2021:i:c:s0167487020301033
    DOI: 10.1016/j.joep.2020.102345
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    References listed on IDEAS

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    1. Bart H.H. Golsteyn & Hans Grönqvist & Lena Lindahl, 2014. "Adolescent Time Preferences Predict Lifetime Outcomes," Economic Journal, Royal Economic Society, vol. 124(580), pages 739-761, November.
    2. Faralla, Valeria & Novarese, Marco & Ardizzone, Antonella, 2017. "Framing Effects in Intertemporal Choice: A Nudge Experiment," MPRA Paper 82086, University Library of Munich, Germany.
    3. Dolan, Paul & Galizzi, Matteo M., 2015. "Like ripples on a pond: Behavioral spillovers and their implications for research and policy," Journal of Economic Psychology, Elsevier, vol. 47(C), pages 1-16.
    4. Matthias Sutter & Martin G. Kocher & Daniela Glätzle-Rützler & Stefan T. Trautmann, 2013. "Impatience and Uncertainty: Experimental Decisions Predict Adolescents' Field Behavior," American Economic Review, American Economic Association, vol. 103(1), pages 510-531, February.
    5. Daniel Read & Shane Frederick & Burcu Orsel & Juwaria Rahman, 2005. "Four Score and Seven Years from Now: The Date/Delay Effect in Temporal Discounting," Management Science, INFORMS, vol. 51(9), pages 1326-1335, September.
    6. Angerer, Silvia & Glätzle-Rützler, Daniela & Lergetporer, Philipp & Sutter, Matthias, 2015. "Donations, risk attitudes and time preferences: A study on altruism in primary school children," Journal of Economic Behavior & Organization, Elsevier, vol. 115(C), pages 67-74.
    7. Daniel Kahneman, 2003. "Maps of Bounded Rationality: Psychology for Behavioral Economics," American Economic Review, American Economic Association, vol. 93(5), pages 1449-1475, December.
    8. Read, Daniel & Roelofsma, Peter H. M. P., 2003. "Subadditive versus hyperbolic discounting: A comparison of choice and matching," Organizational Behavior and Human Decision Processes, Elsevier, vol. 91(2), pages 140-153, July.
    9. Castillo, Marco & Ferraro, Paul J. & Jordan, Jeffrey L. & Petrie, Ragan, 2011. "The today and tomorrow of kids: Time preferences and educational outcomes of children," Journal of Public Economics, Elsevier, vol. 95(11), pages 1377-1385.
    10. Sutter, Matthias & Yilmaz, Levent & Oberauer, Manuela, 2015. "Delay of gratification and the role of defaults—An experiment with kindergarten children," Economics Letters, Elsevier, vol. 137(C), pages 21-24.
    11. Sutter, Matthias & Zoller, Claudia & Glätzle-Rützler, Daniela, 2019. "Economic behavior of children and adolescents – A first survey of experimental economics results," European Economic Review, Elsevier, vol. 111(C), pages 98-121.
    12. George F. Loewenstein, 1988. "Frames of Mind in Intertemporal Choice," Management Science, INFORMS, vol. 34(2), pages 200-214, February.
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    Cited by:

    1. Cruz Rambaud, Salvador & Ortiz Fernández, Piedad & Parra Oller, Isabel María, 2023. "A systematic review of the main anomalies in intertemporal choice," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 104(C).
    2. Fatas, Enrique & Restrepo-Plaza, Lina, 2022. "When losses can be a gain. A large lab-in-the-field experiment on reference dependent forgiveness in Colombia," Journal of Economic Psychology, Elsevier, vol. 88(C).

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    More about this item

    Keywords

    Children; Framing effect; Intertemporal choice; Delay of gratification; Replication;
    All these keywords.

    JEL classification:

    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles

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