 Are People More Patient with Their Spouse's Money? An Experimental StudyXiaojun Yang and Fredrik Carlsson Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 2021, vol. 94, issue C Abstract: We study how partners in a household make decisions for themselves and for their spouses regarding intertemporal choices in a field experiment in rural China. We find that men, but not women, make decisions that are more patient for their spouses compared with their predictions of their spouses’ decisions, in particular when choices involved two delayed options. Instead the decisions for their spouse are close to the decisions they made for themselves. At the same time, we find evidence of sorting of preferences within households, i.e. that the preferences of husband and wife are correlated. We also find that spousal control and financial conflict to some extent affect the difference between decision made for the spouse and the predictions of the spouse decisions. Keywords: own decisions; predictions; decisions for spouse; patience; Convex Time Budget (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:soceco:v:94:y:2021:i:c:s2214804321000896 DOI: 10.1016/j.socec.2021.101749 Access Statistics for this article Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics) is currently edited by Pablo Brañas Garza More articles in Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics) from Elsevier |
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