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...

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...

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...

Many economic decisions are made jointly within households. Running an experiment on intertemporal choice, we investigate the relative influence of spouses on joint household decisions. We let each spouse first decide individually and then jointly with the other spouse. We propose the use of a...