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...

This paper is the result of a six months lasting project conducted at the faculty of economics, business administration and organizational science of the Universität der Bundeswehr Münchenʺ. Together with 17 (male and female) students, the academic team, composed of Friedrich L. Sell and...