The Effect of the Economic Situation on Time and Risk Preferences: Does Financial Literacy Matter?

Economic situation is considered to have an effect on economic decision-making, with poor people having more myopic preferences. However, this relationship might not be that straightforward as economic decision-making should also be determined by financial literacy. A pre-registered cross-validation...

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Bibliographic Details
Main Authors: Matúš Adamkovič, Ivan Ropovik, Marcel Martončik
Format: Article
Language:English
Published: Slovak Academy of Sciences, Centre of Social and Psychological Sciences 2022-06-01
Series:Studia Psychologica
Subjects:
Online Access:https://journals.savba.sk/index.php/studiapsychologica/article/view/455