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57904 |
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|a Cesarini, David Alexander
|e author
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|a Massachusetts Institute of Technology. Department of Economics
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|a Cesarini, David Alexander
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|a Cesarini, David Alexander
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|a Dawes, Christopher T.
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|a Johannesson, Magnus
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|a Lichtenstein, Paul
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|a Wallace, Bjorn
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|a Genetic Variation in Preferences for Giving and Risk Taking
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|a GENETIC VARIATION IN PREFERENCES FOR GIVING AND RISK TAKING
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|b MIT Press,
|c 2010-08-31T20:59:15Z.
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|z Get fulltext
|u http://hdl.handle.net/1721.1/57904
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|a 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 standardmethods 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 that has hitherto been largely neglected in the economics literature.
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|a Swedish Research Council
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|a Forskningsrådet för arbetsliv och socialvetenskap (Sweden)
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|a Jan Wallander and Tom Hedelius Foundation
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|a en_US
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|a Article
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|t Quarterly Journal of Economics
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