Individual and Couple Decision Behavior under Risk: The Power of Ultimate Control

André de Palma (), Nathalie Picard and Anthony Ziegelmeyer

Papers on Strategic Interaction from Max Planck Institute of Economics, Strategic Interaction Group

Abstract: This paper reports results of an experiment designed to analyze the link between risky decisions made by couples and risky decisions made separately by each spouse. We estimate both the spouses and the couples’ degrees of risk aversion and we assess how the risk preferences of the two spouses aggregate when they make risky decisions. This enables us to investigate the decision process that takes place when couples make risky decisions. We find that in most couples men have more decision-making power than women and that women’s decision-making power increases when they ultimately implement the joint decisions.

Keywords: Household decision-making; Risk; Experiments (search for similar items in EconPapers)
JEL-codes: C92 D13 D80 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2008-09
New Economics Papers: this item is included in nep-exp
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
ftp://papers.econ.mpg.de/esi/discussionpapers/2006-22.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Failed to connect to FTP server papers.econ.mpg.de: No such host is known.

Related works:
Working Paper: Individual and Couple Decision Behavior under Risk:The Power of Ultimate Control (2007)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:esi:discus:2006-22

Ordering information: This working paper can be ordered from
http://www.econ.mpg. ... arch/ESI/discuss.php

Access Statistics for this paper

More papers in Papers on Strategic Interaction from Max Planck Institute of Economics, Strategic Interaction Group Contact information at EDIRC.
Bibliographic data for series maintained by Karin Richter ( this e-mail address is bad, please contact ).