Dataset Information

Taking the Biggest First: Age Differences in Preferences for Monetary and Hedonic Sequences.

ABSTRACT: OBJECTIVES:People face decisions about how to sequence payments and events, including when to schedule bigger events relative to smaller ones. We examine age differences in these sequence preferences. METHODS:We gave a national adult life-span sample (n = 1,296, mean = 53.06 years, standard deviation = 16.33) four scenarios describing a positive or negative hedonic (enjoyable weekends, painful dental procedures) or monetary (receiving versus paying money) event. We considered associations among age, sequence preferences, three self-reported decision-making processes-emphasizing experience, emotion, and reasoning-and two dimensions of future time perspective-focusing on future opportunities and limited time. RESULTS:Older age was associated with taking the "biggest" event sooner instead of later, especially for receiving money, but also for the other three scenarios. Older age was associated with greater reported use of reason and experience and lesser reported use of emotion. These decision-making processes played a role in understanding age differences in sequence preferences, but future time perspective did not. DISCUSSION:We discuss "taking the biggest first" preferences in light of prior mixed findings on age differences in sequence preferences. We highlight the distinct roles of experience- and emotion-based decision-making processes. We propose applications to financial and health-care settings.

SUBMITTER: Strough J

PROVIDER: S-EPMC6703234 | biostudies-literature | 2019 Aug

REPOSITORIES: biostudies-literature

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Taking the Biggest First: Age Differences in Preferences for Monetary and Hedonic Sequences.

Strough JoNell J Bruine de Bruin Wändi W Parker Andrew M AM

The journals of gerontology. Series B, Psychological sciences and social sciences 20190801 6

<h4>Objectives</h4>People face decisions about how to sequence payments and events, including when to schedule bigger events relative to smaller ones. We examine age differences in these sequence preferences.<h4>Methods</h4>We gave a national adult life-span sample (n = 1,296, mean = 53.06 years, standard deviation = 16.33) four scenarios describing a positive or negative hedonic (enjoyable weekends, painful dental procedures) or monetary (receiving versus paying money) event. We considered asso ...[more]

PMID: 29309693

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Project description:BACKGROUND:Uganda's fertility was almost unchanging until the year 2006 when some reductions became visible. Compared to age at first marriage and contraceptive use, age at sexual debut and family size preferences are rarely examined in studies of fertility decline. In this study, we analyzed the contribution of age at first marriage, age at first sex, family size preferences and contraceptive use to change in fertility in Uganda between 2006 and 2016. METHODS:Using data from the 2006 and 2016 Uganda Demographic and Health Survey (UDHS), we applied a nonlinear multivariate decomposition technique to quantify the contribution of age at first marriage, age at first sex, family size preference and contraceptive use to the change in fertility observed during the 2006-2016 period. RESULTS:The findings indicate that 37 and 63% of the change in fertility observed between 2006 and 2016 was respectively associated with changing characteristics and changing fertility behavior of the women. Changes in proportion of women by; age at first marriage, age at first sex, family size preferences and contraceptive use were respectively associated with 20.6, 10.5 and 8.4% and 8.2% of the change in fertility but only fertility behavior resulting from age at first sex was significantly related to the change in fertility with a contribution of 43.5%. CONCLUSIONS:The study quantified the contribution of age at first marriage, age at first sex, family size preferences and contraceptive use to the change in fertility observed between 2006 and 2016. We highlight that of the four factors, only age at sexual debut made a significant contribution on the two components of the decomposition. There is need to address the low age at first sex, accessibility, demand for family planning services and youth-friendly family planning services to young unmarried women such that they can achieve their desired fertility. The contribution of other factors such as education attainment by women and place of residence and their relationship with changes in fertility calls for addressing if further reduction in fertility is to be realised.

Dataset Information

Taking the Biggest First: Age Differences in Preferences for Monetary and Hedonic Sequences.

Publications

Taking the Biggest First: Age Differences in Preferences for Monetary and Hedonic Sequences.

Similar Datasets

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