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Can altruism lead to a willingness to take risks?
Stark, Oded - 2023
study is needed because it is unclear how altruism influences the inclination of an altruistic person to take risks. Will … ability to make altruistic transfers? Or does altruism induce a person to resort to risky behavior because the reward for a … averse than a comparable person who is not altruistic: altruism is a cause of greater willingness to take risks. The finding …
Persistent link: https://www.econbiz.de/10014423411
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Pure rank preferences and variation in risk-taking behavior
Stark, Oded; Budziński, Wiktor; Jakubek, Marcin - 2019
Assuming that an individual's rank in the wealth distribution is the only factor determining the individual's wellbeing, we analyze the individual's risk preferences in relation to gaining or losing rank, rather than the individual’s risk preferences towards gaining or losing absolute wealth....
Persistent link: https://www.econbiz.de/10012119128
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Socio-economic status and inequalities in children's IQ and economic preferences
Deckers, Thomas; Falk, Armin; Kosse, Fabian; Pinger, Pia; … - 2017
This paper explores inequalities in IQ and economic preferences between children from high and low socio-economic status (SES) families. We document that children from high SES families are more intelligent, patient and altruistic, as well as less risk-seeking. To understand the underlying...
Persistent link: https://www.econbiz.de/10011763834
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Order effects in eliciting preferences
Kopsacheilis, Orestis; Goerg, Sebastian J. - 2023
about risk, time-discounting and altruism in variations of two conditions: 'Quantitative First' and 'Qualitative First'. We … patience and altruism while using quantitative items first increases the cross-method correlation for risk and time preferences …
Persistent link: https://www.econbiz.de/10014319143
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The missing type : where are the inequality averse (students)?
Epper, Thomas; Senn, Julien; Fehr, Ernst - 2024
The empirical evidence on the existence of social preferences - or lack thereof - is predominantly based on student samples. Yet, knowledge about whether these findings can be extended to the general population is still scarce. In this paper, we compare the distribution of social preferences in...
Persistent link: https://www.econbiz.de/10014496241
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Parental separation and the formation of economic preferences
Dahmann, Sarah Christina; Kettlewell, Nathan; Lam, Jack - 2022
We estimate the effect of parental separation on the risk and trust attitudes of German adolescents using a large household survey dataset, which allows us to match respondents to their siblings and parents. Our results indicate that adolescents from separated families are less trusting but have...
Persistent link: https://www.econbiz.de/10012804345
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The intergenerational transmission of risk and trust attitudes
Dohmen, Thomas; Falk, Armin; Huffman, David; Sunde, Uwe - 2006
We investigate whether two crucial determinants of economic decision making willingness to take risks and willingness to trust other people are transmitted from parents to children. Our evidence is based on survey questions that ask about these attitudes directly, and are good measures in the...
Persistent link: https://www.econbiz.de/10003481849
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Risk aversion and son preference : experimental evidence from Chinese twin parents
Chew, Soo-Hong; Yi, Junjian; Zhang, Junsen; Zhong, Songfa - 2017
We study the role of risk aversion underlying son preference in patriarchal societies, where sons serve as better insurance for old-age support than daughters. The implications of an insurance motive on son preference are two-fold. First, prior to the birth of their children, more risk-averse...
Persistent link: https://www.econbiz.de/10011607570
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Parenthood and risk preferences
Görlitz, Katja; Tamm, Marcus - 2015
This study analyzes how risk attitudes change when individuals become parents using longitudinal data for a large and representative sample of individuals. The results show that men and women experience a considerable increase in risk aversion which already starts as early as two years before...
Persistent link: https://www.econbiz.de/10010502791
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The nature and predictive power of preferences : global evidence
Falk, Armin; Becker, Anke; Dohmen, Thomas; Enke, Benjamin; … - 2015
, positive and negative reciprocity, altruism, and trust. We collected these preference data as well as a rich set of covariates …
Persistent link: https://www.econbiz.de/10011387557