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Social preferences have been shown to be an important determinant of economic decision making for many adults. We present a large-scale experiment with 883 children and adolescents, aged eight to seventeen years. Participants make decisions in eight simple, one-shot allocation tasks, allowing us...
Persistent link: https://www.econbiz.de/10009736607
We examine social preferences of Swedish and Austrian children and adolescents using the experimental design of Charness and Rabin (2002). We find that difference aversion decreases while social-welfare preferences increase with age. -- social preferences ; children ; adolescents ;...
Persistent link: https://www.econbiz.de/10009737081
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In an experiment, we study risk-taking of cohabitating student couples, finding that couples' decisions are closer to risk-neutrality than single partners' decisions. This finding is similar to earlier experiments with randomly assigned groups, corroborating external validity of earlier results....
Persistent link: https://www.econbiz.de/10009737512
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/10009733209
Inequality not only generates status differentials between rich and poor individuals, it also generates status differentials between groups of different composition and income level. We organise the social structure within which groups are embedded to directly manipulate the processes of...
Persistent link: https://www.econbiz.de/10012859029
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/10009736596
Can prior voluntary redistribution improve coordination? We theoretically show that distributive preferences, forward … induction and signalling all imply that it can. We then experimentally test our predictions by allowing subjects to redistribute … part of their endowment before playing a battle of the sexes game. To identify whether the redistribution option increases …
Persistent link: https://www.econbiz.de/10012942928
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