This paper examines whether intergenerational transmission of happiness exists in China between preadolescents and their parents, and what factors are correlated with subjective well-being among them. We find that parents’ and their children's levels of subjective well-being are indeed...

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...

This paper examines the attitude towards relative position or status among rural households in Vietnam. On average, respondents show rather weak preferences for relative position. Possible explanations are the emphasis on the importance of equality and that villagers are very concerned with how...

We examine what factors are correlated with subjective well-being among Chinese preadolescents. In particular, we investigate whether preadolescents’ subjective well-being is correlated with their parents’ subjective well-being. Interestingly, we find that the factors that affect parents’...

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...

We obtain rich measures of risk preferences of poor farmers in Vietnam, and estimate structural models that capture risk preferences over different probability levels and across different domains (gains and losses). The results break radically with the previous literature on risk preferences, in...

We obtain rich measures of risk preferences of poor farmers in Vietnam, and estimate structural models that capture risk preferences over different probability levels and across different domains (gains and losses). The results break radically with the previous literature on risk preferences, in...