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From lab to life: Decoding the predictive power of present bias on adolescent self-control behaviors

Author

Listed:
  • Zhang, Xiaomeng
  • Jin, Shan
  • Chen, Xide
  • Li, Haolan
  • Wang, Jiarong
  • Yan, Sibo

Abstract

This research examines the external validity of laboratory-measured preferences, specifically present bias, in predicting real-life adolescent behaviors. Rooted in the broader debate in experimental economics, we investigate the transferability of lab results, especially in relation to self-control manifestations. Engaging approximately 200 adolescents aged 14 to 19, we assessed present bias through standard intertemporal monetary decisions in a lab setting. Our findings indicate a divergence in the predictive power of laboratory observations. In health-related behaviors, significant correlations were observed between laboratory measurements and BMI, but not with exercise frequency. Meanwhile, academic behaviors such as attendance in self-study courses and late homework submissions were strongly associated. This study sheds light on the nuanced applicability of laboratory-derived preferences in real-world contexts, emphasizing the need for domain-specific considerations.

Suggested Citation

  • Zhang, Xiaomeng & Jin, Shan & Chen, Xide & Li, Haolan & Wang, Jiarong & Yan, Sibo, 2024. "From lab to life: Decoding the predictive power of present bias on adolescent self-control behaviors," Economics Letters, Elsevier, vol. 235(C).
    • Handle: RePEc:eee:ecolet:v:235:y:2024:i:c:s0165176523005426
    DOI: 10.1016/j.econlet.2023.111516
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    More about this item

    Keywords

    Lab experiment; Real-life behavior; Time preferences; Adolescent;
    All these keywords.

    JEL classification:

    • D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General
    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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