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
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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