Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/58907 
Year of Publication: 
2012
Series/Report no.: 
IZA Discussion Papers No. 6467
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
Cultural traits play a significant role in the determination of economic outcomes and institutions. This paper presents evidence from laboratory experiments on the cultural integration of individuals of Chinese ethnicity in Australia, focusing on social preferences, preferences for competition, and risk attitudes. We show that the greater the share of education an individual receives in the West, the more they behave like Western subjects and the less they behave according to the norms of their Eastern heritage. Increased exposure to Western education has a strong negative impact on altruism, trust, and trustworthiness. For risk and competitive preferences, our results are gender-specific. These results have important implications for policy making and institution building in multi-cultural societies.
Subjects: 
cultural integration
cultural transmission
cultural diversity
cultural assimilation
acculturation
immigration
social preferences
preferences for competition
risk aversion
JEL: 
C91
J15
D64
D03
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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