scholarly journals Risk Aversion and Son Preference: Experimental Evidence from Chinese Twin Parents

2017 ◽  
Author(s):  
Soo Hong Chew ◽  
Junjian Yi ◽  
Junsen Zhang ◽  
Songfa Zhong
Keyword(s):  
Risk Aversion ◽  
Experimental Evidence ◽  
Son Preference

scholarly journals Risk Aversion and Son Preference: Experimental Evidence from Chinese Twin Parents

2018 ◽  
Vol 64 (8) ◽  
pp. 3896-3910 ◽  
Author(s):  
Soo Hong Chew ◽  
Junjian Yi ◽  
Junsen Zhang ◽  
Songfa Zhong
Keyword(s):  
Risk Aversion ◽  
Experimental Evidence ◽  
Son Preference

Risk aversion and rent-seeking: An extension and some experimental evidence

Public Choice ◽  
1991 ◽  
Vol 69 (1) ◽  
pp. 81-92 ◽  
Author(s):  
Edward L. Millner ◽  
Michael D. Pratt
Keyword(s):  
Risk Aversion ◽  
Experimental Evidence ◽  
Rent Seeking

scholarly journals Are Women More Credit Constrained? Experimental Evidence on Gender and Microenterprise Returns

2009 ◽  
Vol 1 (3) ◽  
pp. 1-32 ◽  
Author(s):  
Suresh de Mel ◽  
David McKenzie ◽  
Christopher Woodruff
Keyword(s):  
Resource Allocation ◽  
Risk Aversion ◽  
Field Experiment ◽  
Experimental Evidence ◽  
Gender Gap ◽  
Reporting Behavior ◽  
Entrepreneurial Attitudes ◽  
Household Model ◽  
Show Evidence

We report on a field experiment providing random grants to microenterprise owners. The grants generated large profit increases for male owners but not for female owners. We show that the gender gap does not simply mask differences in ability, risk aversion, entrepreneurial attitudes, or differences in reporting behavior, but there is some evidence that the gender gap is larger in female-dominated industries. The data are not consistent with a unitary household model, and imply an inefficiency of resource allocation within households. We show evidence that this inefficiency is reduced in more cooperative households. (JEL D13, D14, J16, L25, L26, O12, O16)

scholarly journals A Dual-Self Model of Impulse Control

2006 ◽  
Vol 96 (5) ◽  
pp. 1449-1476 ◽  
Author(s):  
Drew Fudenberg ◽  
David K Levine
Keyword(s):  
Risk Aversion ◽  
Cognitive Load ◽  
Experimental Evidence ◽  
Impulse Control ◽  
Hyperbolic Discounting ◽  
Time Inconsistency ◽  
Self Control ◽  
Empirical Regularities

We propose that a simple “dual-self” model gives a unified explanation for several empirical regularities, including the apparent time inconsistency that has motivated models of quasi-hyperbolic discounting and Rabin's paradox of risk aversion in the large and small. The model also implies that self-control costs imply excess delay, as in the O'Donoghue and Rabin models of quasi-hyperbolic utility, and it explains experimental evidence that increased cognitive load makes temptations harder to resist. The base version of our model is consistent with the Gul-Pesendorfer axioms, but we argue that these axioms must be relaxed to account for the effect of cognitive load.

Sign in / Sign up

Export Citation Format

Share Document