Rosenboim, Mosi; Shavit, Tal; Shoham, Amir - In: Journal of Behavioral and Experimental Economics … 39 (2010) 1, pp. 30-36
This comparison of Israeli kibbutz members to city residents examines how of individualistic/collective society affects financial decision making. Findings revealed that kibbutz members are more risk averse and discount the future more than city residents, undermining the assumption that...