Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/204694
Authors: 
Detlefsen, Lena
Friedl, Andreas
Lima de Miranda, Katharina
Schmidt, Ulrich
Sutter, Matthias
Year of Publication: 
2018
Series/Report no.: 
Discussion Papers of the Max Planck Institute for Research on Collective Goods 2018/12
Abstract: 
The formation of economic preferences in childhood and adolescence has long-term consequences for life-time outcomes. We study in an experiment with 525 teenagers how both birth order and siblings' sex composition affect risk, time and social preferences. We find that second born children are typically less patient, less risk averse, and more trusting. However, siblings' sex composition interacts importantly with birth order effects. Second born children are more risk taking only with same-sex siblings. For trust and trustworthiness, birth order effects are larger with mixed-sex siblings than in the single-sex case. Only for patience, siblings' sex composition does not matter.
Subjects: 
Birth order
siblings' sex composition
economic preferences
experiment
JEL: 
C93
D10
D90
J12
Document Type: 
Working Paper
Social Media Mentions:

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.