The influence of spouses on household decision making under risk: an experiment in rural China

Fredrik Carlsson, Peter Martinsson, Ping Qin and Matthias Sutter

Experimental Economics, 2013, vol. 16, issue 3, 383-401

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 very similar to the husband’s preferences, but women who contribute relatively more to the household income, women in high-income households, and women with communist party membership have a stronger influence on the joint decision. Copyright Economic Science Association 2013

Keywords: Household decision making; Risk; Experiment in the field; China; C91; C92; C93; D10 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (36)

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DOI: 10.1007/s10683-012-9343-7

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