Household decision making and the influence of spouses? income, education, and communist party membership: A field experiment in rural China

Arbeitspapier

We study household decision making in a high-stakes experiment with a random sample of households in rural China. Spouses have to choose between risky lotteries, first separately and then jointly. We find that spouses' individual risk preferences are more similar the richer the household and the higher the wife's relative income contribution. A couple's joint decision is typically determined by the husband, but women who contribute relatively more to the household income, women in high-income households, women with more education than their husbands, and women with communist party membership have a stronger influence on the joint decision.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Working Papers in Economics and Statistics ; No. 2009-09

Classification and Topics

• Classification: Wirtschaft ; Design of Experiments: Laboratory, Individual ; Design of Experiments: Laboratory, Group Behavior ; Field Experiments ; Household Behavior: General
• Subject: Household decision making ; Risk ; Field experiment ; China ; Haushaltsökonomik ; Feldforschung ; Ländlicher Raum ; China

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Carlsson, Fredrik ; Martinsson, Peter ; Qin, Ping ; Sutter, Matthias
• Event: Veröffentlichung
• (who): University of Innsbruck, Department of Public Finance
• (where): Innsbruck
• (when): 2009

Further information

• Handle: http://hdl.handle.net/10419/73551
• Last update: 10.03.2025, 11:45 AM CET