GENETIC VARIATION IN PREFERENCES FOR GIVING AND RISK TAKING
GENETIC VARIATION IN PREFERENCES FOR GIVING AND RISK TAKING
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DOI:
10.1162/qjec.2009.124.2.809
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发表时间:
2009-05-01
影响因子:
13.7
通讯作者:
Wallace, Bjoern
中科院分区:
文献类型:
--
作者:
Cesarini, David;Dawes, Christopher T.;Wallace, Bjoern
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 that has hitherto been largely neglected in the economics literature.