We study the heritability of risk, uncertainty, and time preferences using a field experiment with a large sample of … marries behavioral genetics with structural econometrics. This allows us to, for the first time, quantify the heritability of … economic preference parameters directly without employing proxy measures. Our incentive-compatible experiment is the first twin …

-choice experiment, where payments are made either directly or in 3, 9, or 18 months after the experiment. We find that risk preference … is time-dependent for both individuals and groups. In the present, groups make more risk-averse decisions than … in their risk preferences between the different delays. We present a parameterization of the probability time trade …

This paper tests how subjects behave in an intertemporal consumption/saving experiment when borrowing is allowed and …

be stable over time. In this paper, we analyze the stability of ambiguity preferences experimentally. We repeatedly … choices are consistent with stable preferences over the time of observation. This share is significantly higher than random … choices would suggest, but significantly lower than the level of consistency in a control treatment without a time lag (71 …

To accurately predict behavior economists need reliable measures of individual time preferences and attitudes toward … risk and typically need to assume stability of these characteristics over time and across decision domains. We test the … these characteristics over time and across situations. We find high reliability and that individual characteristics are …