Time (In)Consistent Food Choice of Children and Teenagers
We document an increasing capacity to resist temptation in a time consistent manner from children to teenagers. Competencies develop in two steps: From age 8 on many pupils naively plan and after age 12 successfully implement strategies to resist temptation. Our evidence comes from a food choice experiment that we conducted with comparable participant pools of elementary and high school pupils in 5 di fferent school years. We off er tangible choices in terms of apples and chocolate. On the first day pupils state their preference regarding tomorrows consumption and on the second day they pick one food item for immediate consumption. We fi nd that most of the 6 to 7 year olds consistently choose chocolate for future and immediate consumption. With pupils age 8 to 12 we observe an increase of time inconsistent behavior - pupils naively planning to consume an apple tomorrow and then choosing chocolate for immediate consumption. From age 14 on a larger share of pupils is sophisticated in the sense that they plan to and actually do consume an apple.
|Date of creation:||14 Dec 2011|
|Contact details of provider:|| Postal: Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy, Amalienstraße 33, 80799 München, Germany|
Web page: http://www.mea.mpisoc.mpg.de/
|Order Information:|| Email: |
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- R. A. Pollak, 1968. "Consistent Planning," Review of Economic Studies, Oxford University Press, vol. 35(2), pages 201-208.
- Sutter, Matthias & Kocher, Martin G., 2007.
"Trust and trustworthiness across different age groups,"
Games and Economic Behavior,
Elsevier, vol. 59(2), pages 364-382, May.
- Sutter, Matthias & Kocher, Martin G., 2007. "Trust and trustworthiness across different age groups," Munich Reprints in Economics 18182, University of Munich, Department of Economics.
- Martin Kocher & Matthias Sutter, 2007. "Trust and trustworthiness across different age groups," Artefactual Field Experiments 00110, The Field Experiments Website.
- Houser, Daniel & Schunk, Daniel, 2009. "Social environments with competitive pressure: Gender effects in the decisions of German schoolchildren," Journal of Economic Psychology, Elsevier, vol. 30(4), pages 634-641, August.
- Gary S. Becker & Casey B. Mulligan, 1997. "The Endogenous Determination of Time Preference," The Quarterly Journal of Economics, Oxford University Press, vol. 112(3), pages 729-758.
- Laibson, David, 1998. "Life-cycle consumption and hyperbolic discount functions," European Economic Review, Elsevier, vol. 42(3-5), pages 861-871, May.
- J.Keith Murnighan & MIchael Saxon, 1998.
"Ultimatum bargaining by children and adults,"
Artefactual Field Experiments
00100, The Field Experiments Website.
- Christopher Chabris & David Laibson & Carrie Morris & Jonathon Schuldt & Dmitry Taubinsky, 2008.
"Individual laboratory-measured discount rates predict field behavior,"
Journal of Risk and Uncertainty,
Springer, vol. 37(2), pages 237-269, December.
- Christopher F. Chabris & David Laibson & Carrie L. Morris & Jonathon P. Schuldt & Dmitry Taubinsky, 2008. "Individual Laboratory-Measured Discount Rates Predict Field Behavior," NBER Working Papers 14270, National Bureau of Economic Research, Inc.
- Chabris, Christopher F. & Laibson, David I. & Morris, Carrie L. & Schuldt, Jonathon P. & Taubinsky, Dmitry, 2008. "Individual Laboratory-Measured Discount Rates Predict Field Behavior," Scholarly Articles 11130522, Harvard University Department of Economics.
- Kirsten Häger & Bastiaan Oud & Daniel Schunk, 2012. "Egalitarian Envy: Cross-cultural Variation in the Development of Envy in Children," Jena Economic Research Papers 2012-059, Friedrich-Schiller-University Jena.
- David Laibson & Andrea Repetto & Jeremy Tobacman, 2000.
"A Debt Puzzle,"
Documentos de Trabajo
80, Centro de Economía Aplicada, Universidad de Chile.
- Bettinger, Eric & Slonim, Robert, 2007.
"Patience among children,"
Journal of Public Economics,
Elsevier, vol. 91(1-2), pages 343-363, February.
- Sutter, Matthias, 2007.
"Outcomes versus intentions: On the nature of fair behavior and its development with age,"
Journal of Economic Psychology,
Elsevier, vol. 28(1), pages 69-78, January.
- Matthias Sutter, 2007. "Outcomes versus intentions. on the nature of fair behavior and its development with age," Artefactual Field Experiments 00109, The Field Experiments Website.
- Furnham, Adrian, 1999. "The saving and spending habits of young people," Journal of Economic Psychology, Elsevier, vol. 20(6), pages 677-697, December.
- Shane Frederick & George Loewenstein & Ted O'Donoghue, 2002. "Time Discounting and Time Preference: A Critical Review," Journal of Economic Literature, American Economic Association, vol. 40(2), pages 351-401, June.
- Ai, Chunrong & Norton, Edward C., 2003. "Interaction terms in logit and probit models," Economics Letters, Elsevier, vol. 80(1), pages 123-129, July.
- Ondrej Rydval & Andreas Ortmann, 2004.
"How financial incentives and cognitive abilities affect task performance in laboratory settings: An illustration,"
CERGE-EI Working Papers
wp221, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
- Rydval, Ondrej & Ortmann, Andreas, 2004. "How financial incentives and cognitive abilities affect task performance in laboratory settings: an illustration," Economics Letters, Elsevier, vol. 85(3), pages 315-320, December.
- Harbaugh, William T. & Krause, Kate & Vesterlund, Lise, 2007.
"Learning to bargain,"
Journal of Economic Psychology,
Elsevier, vol. 28(1), pages 127-142, January.
- William T. Harbaugh & Kate Krause & Lise Vesterlund, 2003. "Learning to Bargain," University of Oregon Economics Department Working Papers 2004-9, University of Oregon Economics Department, revised 01 Nov 2003.
- David Laibson, 1997.
"Golden Eggs and Hyperbolic Discounting,"
The Quarterly Journal of Economics,
Oxford University Press, vol. 112(2), pages 443-478.
- Stefano DellaVigna & Ulrike Malmendier, 2006. "Paying Not to Go to the Gym," American Economic Review, American Economic Association, vol. 96(3), pages 694-719, June.
When requesting a correction, please mention this item's handle: RePEc:mea:meawpa:11251. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Henning Frankenberger)
If references are entirely missing, you can add them using this form.