@techreport{SpaethGoller2023,
  type      = {Working Paper},
  author    = {Sp{\"a}th, Maximilian and Goller, Daniel},
  title     = {Gender differences in investment reactions to irrelevant information},
  series = {CEPA Discussion Papers},
  journal   = {CEPA Discussion Papers},
  number    = {67},
  issn      = {2628-653X},
  doi       = {10.25932/publishup-60635},
  url       = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-606351},
  pages     = {25, 4},
  year      = {2023},
  abstract  = {Economic agents often irrationally base their decision-making on irrelevant information. This research analyzes whether men and women react to futile information about past outcomes. For this purpose, we run a laboratory experiment (Study 1) and use field data (Study 2). In both studies, the behavior of men is consistent with falsely assumed negative autocorrelation, often referred to as gambler's fallacy Women's behavior aligns with falsely assumed positive autocorrelation, a notion of the hot hand fallacy. On the aggregate, the two fallacies cancel out. Even when individuals are, on average, rational, the biases in the decision-making of subgroups might cause inefficient outcomes. In a mediation analysis, we find that a) the agents stated perceived probabilities of future outcomes are not blurred by irrelevant information and b) about 40 \% of the observed biases are driven by differences in the perceived attractiveness of available choices caused by the irrelevant information.},
  language  = {en}
}
@article{FritschRiedererSeewann2023,
  author    = {Fritsch, Nina-Sophie and Riederer, Bernhard and Seewann, Lena},
  title     = {Living alone in the city},
  series = {Applied research in quality of life},
  volume    = {18},
  journal   = {Applied research in quality of life},
  number    = {4},
  publisher = {Springer Netherlands},
  address   = {Dordrecht},
  issn      = {1871-2584},
  doi       = {10.1007/s11482-023-10177-w},
  pages     = {2065 -- 2087},
  year      = {2023},
  abstract  = {Over the past decades, the number of single households is constantly rising in metropolitan regions. In addition, they became increasingly heterogeneous. In the media, individuals who live alone are sometimes still presented as deficient. Recent research, however, indicates a way more complex picture. Using the example of Vienna, this paper investigates the quality of life of different groups of single households in the city. Based on five waves of the Viennese Quality of Life Survey covering almost a quarter of a century (1995-2018), we analyse six domains of subjective well-being (satisfaction with the financial situation, the housing situation, the main activity, the family life, social contacts, and leisure time activities). Our analyses reveal that, in most domains, average satisfaction of single households has hardly changed over time. However, among those living alone satisfaction of senior people (60+) increased while satisfaction of younger people (below age 30) decreased. Increasing differences in satisfaction with main activity, housing, or financial situation reflect general societal developments on the Viennese labour and housing markets. The old clich{\´e}d images of the "young, reckless, happy single" and the "lonely, poor, dissatisfied senior single" reverse reality.},
  language  = {en}
}