Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/315605 
Year of Publication: 
2024
Citation: 
[Journal:] Journal of Risk and Uncertainty [ISSN:] 1573-0476 [Volume:] 69 [Issue:] 1 [Publisher:] Springer US [Place:] New York [Year:] 2024 [Pages:] 1-31
Publisher: 
Springer US, New York
Abstract: 
Abstract The formation of economic preferences in childhood and adolescence has long-term consequences for life outcomes. We study in an experiment how both birth order and siblings’ gender composition are related to risk, time, and social preferences. We find that second-born children are typically less patient, more risk-tolerant, and more trusting. However, siblings’ gender composition interacts importantly with birth order effects. Second-born children are more risk-taking only with same-gender siblings. In mixed-gender environments, children seem to identify with the gender stereotype that boys are much more willing to take risks than girls, irrespective of birth order. For trust and trustworthiness, birth order effects are larger with mixed-gender siblings. Only for patience, siblings’ gender composition does not matter.
Subjects: 
Birth order
Siblings’ gender composition
Economic preferences
Experiment
Persistent Identifier of the first edition: 
Additional Information: 
C93;D10;D90;J12
Creative Commons License: 
cc-by Logo
Document Type: 
Article
Document Version: 
Published Version
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