Can television have a mitigating e.ect on xenophobia? To examine this question, we exploit the fact that individuals in some areas of East Germany - due to their geographic location - could not receive West German television until 1989. We conjecture that individuals who received West German...

Can television have a mitigating e.ect on xenophobia? To examine this question, we exploit the fact that individuals in some areas of East Germany . due to their geographic location . could not receive West German television until 1989. We conjecture that individuals who received West German...

We present results from the first large-scale international survey on time discounting, conducted in 45 countries. Cross-country variation cannot simply be explained by economic variables such as interest rates or in ation. In particular, we find strong evidence for cultural differences, as...

We present results from the first large-scale international survey on risk preferences, conducted in 45 countries. We show substantial cross-country differences in risk aversion, loss aversion and probability weighting. Moreover, risk attitudes in our sample depend not only on economic...