is a function of the risk preference of the household head. This paper estimates the effect of parental risk preference … on child labour decisions in the household using recall information on child labour and a risk elicitation question. We …The literature suggests that the household invests in the human capital of a child member not only for altruistic …

household member, but shy away from exposing others to risk. We model the situation, and we find four distinct types of …Individuals often have to decide to which degree of risk they want to expose others, or how much risk to accept if … their choice has an externality on third parties. One typical application is a household. We run an experiment in the German …

household member, but shy away from exposing others to risk. We model the situation, and we find four distinct types of …Individuals often have to decide to which degree of risk they want to expose others, or how much risk to accept if … their choice has an externality on third parties. One typical application is a household. We run an experiment in the German …

child human capital is a household public good and that the relationship between child human capital and employment is …

child human capital is a household public good and that the relationship between child human capital and employment is …

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 father's average years of education and household income. Our results show that … children from families with higher SES are more patient, tend to be more altruistic and less likely to be risk seeking, and …

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 father's average years of education and household income. Our results show that … children from families with higher SES are more patient, tend to be more altruistic and less likely to be risk seeking, and …

as less risk-seeking. To understand the underlying causes and mechanisms, we propose a framework of how parental …