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Many economic decisions are made jointly within households. This raises the question about spouses' relative influence on joint decisions and the determinants of relative influence. Using a controlled experiment (on inter-temporal choice), we let each spouse first make individual decisions and...
Persistent link: https://www.econbiz.de/10013139044
We study household decision making in a high-stakes experiment with a random sample of households in rural China. Spouses have to choose between risky lotteries, first separately and then jointly. We find that spouses' individual risk preferences are more similar the richer the household and the...
Persistent link: https://www.econbiz.de/10013160304
human capital, contributing to the understanding of the social cost of climate change and the consequent health inequality …Long-term exposure to extreme temperatures could threaten individuals' mental health and psychological wellbeing. This … Health and Retirement Longitudinal Study and environmental data from the U.S. National Oceanic and Atmospheric Administration …
Persistent link: https://www.econbiz.de/10014357329