The development of risk aversion and prudence in Chinese children and adolescents

The development of risk aversion and prudence in Chinese children and adolescents
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中国儿童青少年风险规避与谨慎的发展

DOI:
10.1007/s11166-020-09340-7
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发表时间:
2021
影响因子:
4.7
通讯作者:
Heinrich T
Heinrich T
中科院分区:
经济学2区
文献类型:
--
作者:
Heinrich T

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本研究对生活在中国城市环境中的儿童和青少年的风险偏好进行了实验评估。我们使用了一个简单的二元选择任务,测试避险情绪和审慎程度。这是对儿童和青少年谨慎的第一次测试。我们的结果显示,从5年级到11年级(10到17岁)的受试者做出的选择大多是规避风险和谨慎的。三年级学生(8至9岁)的选择与风险中性基准在统计上没有区别,但同时他们做出的选择大多是谨慎的。我们还发现了风险偏好传递的证据。所有儿童及其父母做出风险厌恶选择的倾向之间存在正相关。女孩和父母做出谨慎选择的倾向之间也存在正相关。
This study experimentally evaluates the risk preferences of children and adolescents living in an urban Chinese environment. We use a simple binary choice task that tests risk aversion, as well as prudence. This is the first test for prudence in children and adolescents. Our results reveal that subjects from grades 5 to 11 (10 to 17 years) make mostly risk-averse and prudent choices. The choices of 3rd graders (8 to 9 years) do not differ statistically from risk neutral benchmarks, but at the same time they make mostly prudent choices. We also find evidence for a transmission of risk preferences. There is positive correlation between all children’s and their parents’ tendency to make risk-averse choices. There is also positive correlation between girls’ and their parents’ tendency to make prudent choices.
DOI: 10.1111/jori.12217
发表时间: 2018-06-01
影响因子: 1.9
作者:
Deck, Cary;Schlesinger, Harris
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DOI: --
发表时间: 2015
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