Arbeitspapier

Genetic influences on economic preferences

In this paper, we use the classical twin design to provide estimates of genetic and environmental influences on experimentally elicited preferences for risk and giving. Using standard methods from behavior genetics, we find strong prima facie evidence that these preferences are broadly heritable and our estimates suggest that genetic differences explain approximately twenty percent of individual variation. The results thus shed light on an important source of individual variation in preferences, a source which has hitherto largely been neglected in the economics literature.

Sprache
Englisch

Erschienen in
Series: SSE/EFI Working Paper Series in Economics and Finance ; No. 679

Klassifikation
Wirtschaft
Design of Experiments: General
Microeconomic Behavior: Underlying Principles
Altruism; Philanthropy; Intergenerational Transfers
Thema
Genetics
Altruism
Risk Aversion
Preferences
Experiments
Risikopräferenz
Altruismus
Schätzung
Präferenztheorie
Biologie
Schweden

Ereignis
Geistige Schöpfung
(wer)
Cesarini, David
Dawes, Christopher T.
Johannesson, Magnus
Lichtenstein, Paul
Wallace, Björn
Ereignis
Veröffentlichung
(wer)
Stockholm School of Economics, The Economic Research Institute (EFI)
(wo)
Stockholm
(wann)
2007

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Cesarini, David
  • Dawes, Christopher T.
  • Johannesson, Magnus
  • Lichtenstein, Paul
  • Wallace, Björn
  • Stockholm School of Economics, The Economic Research Institute (EFI)

Entstanden

  • 2007

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