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Title:Household decision making and the influence of spouses' income, education, and communist party membership: a field experiment in rural China PDF Logo
Authors:Carlsson, Fredrik
Martinsson, Peter
Qin, Ping
Sutter, Matthias
Issue Date:2009
Series/Report no.:IZA discussion papers 4139
Abstract:We study household decision making in a high-stakes experiment with a random sample of households in rural China. Spouses have to choose between risky lotteries, first separately and then jointly. We find that spouses' individual risk preferences are more similar the richer the household and the higher the wife's relative income contribution. A couple's joint decision is typically determined by the husband, but women who contribute relatively more to the household income, women in high-income households, women with more education than their husbands, and women with communist party membership have a stronger influence on the joint decision.
Subjects:Household decision making
risk
field experiment
China
JEL:C91
C92
C93
D10
Persistent Identifier of the first edition:urn:nbn:de:101:1-20090513377
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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