Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/73551
Authors: 
Carlsson, Fredrik
Martinsson, Peter
Qin, Ping
Sutter, Matthias
Year of Publication: 
2009
Series/Report no.: 
Working Papers in Economics and Statistics 2009-09
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
Document Type: 
Working Paper

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