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We show that socio-economic status (SES) is a powerful predictor of many facets of a child's personality. The facets of personality we investigate encompass time preferences, risk preferences, and altruism, as well as crystallized and fluid IQ. We measure a family's SES by the mother's and...
Persistent link: https://www.econbiz.de/10010510510
We show that socio-economic status (SES) is a powerful predictor of many facets of a child's personality. The facets of personality we investigate encompass time preferences, risk preferences, and altruism, as well as crystallized and fluid IQ. We measure a family's SES by the mother's and...
Persistent link: https://www.econbiz.de/10010530593
This paper explores inequalities in IQ and economic preferences between children from high and low socio-economic status (SES) families. We document that children from high SES families are more intelligent, patient and altruistic, as well as less risk-seeking. To understand the underlying...
Persistent link: https://www.econbiz.de/10011763834
This paper explores inequalities in IQ and economic preferences between children from high and low socio-economic status (SES) families. We document that children from high SES families are more intelligent, patient and altruistic, as well as less risk-seeking. To understand the underlying...
Persistent link: https://www.econbiz.de/10012034138
This paper explores inequalities in IQ and economic preferences between children from high and low socio-economic status (SES) families. We document that children from high SES families are more intelligent, patient and altruistic, as well as less likely to be risk-seeking. To understand the...
Persistent link: https://www.econbiz.de/10011755575
This paper provides the first empirical analysis on whether and how intergenerational transmission affects children's risk preferences by exploiting exogenous variation in parents' risk preferences. We utilize parents' experiences to earthquakes---one of the most unpredictable natural...
Persistent link: https://www.econbiz.de/10014351262
This research integrates a standard "cheating" experiment into a broad household survey and finds relationships between … individual characteristics and cheating behavior. We allow for attendance of others at the cheating experiment, addressing the …, while affluence makes cheating costly, as it allows behaving honestly. The underlying experiment in rural Thailand …
Persistent link: https://www.econbiz.de/10011847937
questions and a representative sample of roughly 22,000 individuals living in Germany. Using a question that asks about … the behavioral relevance of this survey measure by conducting a complementary field experiment, based on a representative … stability ; experimental validation ; fiel experiment ; SOEP ; gender differences ; age ; height ; subjective well-being …
Persistent link: https://www.econbiz.de/10003085747
This paper compares two prominent empirical measures of individual risk attitudes - the Holt and Laury (2002) lottery-choice task and the multi-item questionnaire advocated by Dohmen, Falk, Huffman, Schupp, Sunde and Wagner (forthcoming) - with respect to (a) their within-subject stability over...
Persistent link: https://www.econbiz.de/10013133876
paper, we deploy an artefactual field experiment and study whether subjects - non-professionals and - financial …
Persistent link: https://www.econbiz.de/10013100728