Sind Politiker risikofreudiger als das Volk?: Eine empirische Studie zu Mitgliedern des Deutschen Bundestags

Moritz Heß, Christian von Scheve, Jürgen Schupp and Gert Wagner

No 545, SOEPpapers on Multidisciplinary Panel Data Research from DIW Berlin, The German Socio-Economic Panel (SOEP)

Abstract: The paper seeks to answer whether career politicians differ systematically from the general population in terms of their attitudes toward risk. A written survey of members of the 17th German Bundestag in late 2011 identified their risk attitudes, and the survey data was set in relation to respondents of the German Socio-Economic Panel Study (SOEP) for the survey year 2009 (2002 through 2012). Compared with the population surveyed in the SOEP, members of the German parliament display a considerably higher general risk appetite, which is highly significant. For different areas of risk, last surveyed in the SOEP in 2009, the members of parliament had significantly stronger risk-loving attitudes across virtually all indicators and risk categories surveyed than the comparison groups of SOEP respondents.

Keywords: Political decision making; risk aversion; German parliament; SOEP (search for similar items in EconPapers)
JEL-codes: D71 D78 H11 H70 P16 Z13 (search for similar items in EconPapers)
Pages: 33 p.
Date: 2013
New Economics Papers: this item is included in nep-ger
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:diw:diwsop:diw_sp545

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