Household decision making and the influence of spouses’ income, education, and communist party membership: A field experiment in rural China
Fredrik Carlsson (),
Peter Martinsson,
Ping Qin () and
Matthias Sutter ()
Additional contact information Ping Qin: Department of Economics, School of Business, Economics and Law, Göteborg University, Postal: Box 640, SE 40530 GÖTEBORG
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.
More papers in Working Papers in Economics from University of Gothenburg, Department of Economics Address: Department of Economics, School of Business, Economics and Law, University of Gothenburg, Box 640, SE 405 30 GÖTEBORG, Sweden Contact information at EDIRC. Series data maintained by Eva-Lena Neth ().