Self-efficacy reflects the self-belief that one can persistently perform difficult and novel tasks while coping with adversity. As such beliefs reflect how individuals behave, think, and act, they are key for successful entrepreneurial activities. While existing literature mainly analyzes the influence of the task-related construct of entrepreneurial self-efficacy, we take a different perspective and ...
Risk attitudes are important predictors of various economic decisions and socioeconomic outcomes. Although studies show that peoples’ general willingness to take risks decreases with age, there are few reports on the age dependence of domain-specific risk attitudes. Drawing on the Socio-Economic Panel (SOEP), this study employs a proxy variable approach to disentangle age from periodic and cohort effects, ...
According to theory, "sin taxes" are welfare improving if consumers with low self-control respond at least as much to the tax as consumers with high self-control. We investigate empirically if demand response to soft drink and fat tax variations in Denmark depends on consumers' self-control. We use a unique home-scan panel that includes a survey measure of self-control. When taxes increase, consumers ...
Since the new millennium, research in the field of personality development has focused on the stability and change of basic personality traits. Motivational aspects of personality and their longitudinal association with basic traits have received comparably little attention. In this preregistered study, we applied bivariate latent growth curve model to investigated the codevelopment of nine life goals ...
Within an analytical approach that mirrors the relationship between road deterioration, traffic load, and road renewal, we estimate the marginal costs of road renewals as part of a social marginal cost scheme for road charging. Based on a comprehensive data set for German motor ways, we estimate a Weibull dura tion model with shared frailties that account for unobserved heterogeneity, including covariates ...
New data, new projects, new faces: In 2022, a lot of new things happened at the Socio-Economic Panel. Last year's annual report provides again a compact and clear insight into all the SOEP's activities on topics such as forced migration, wealth, new samples, pension data, and mental health as well as on the fieldwork carried out by infas. The report is available online free of charge. We would also ...
