Risk Preferences in Eastern and Western Europe

Thorsten Hens, Marc Oliver Rieger and Mei Wang

Chapter 10 in Cultural Finance:A World Map of Risk, Time and Money, 2020, pp 221-223 from World Scientific Publishing Co. Pte. Ltd.

Abstract: To understand the effects of culture and institutions on preferences, in particular the potential impacts of political histories such as the Czarist rule in Russia and the communist regime in East Europe, Schaewitz et al. (2019) studied the INTRA data for the European countries, and additionally analyzed the SOEP (Socio-Economic Panel) and PANDA surveys…

Keywords: Finance; Culture; International; Time Preferences; Risk Preferences; Decision Theory (search for similar items in EconPapers)
JEL-codes: D9 E7 G4 Z1 (search for similar items in EconPapers)
Date: 2020
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