Harvard Business School
Entrepreneurial Management Unit
Boston, MA 02163
Institutional Affiliation: Harvard Business School
NBER Working Papers and Publications
|February 2018||Ancient Origins of the Global Variation in Economic Preferences|
with , : w24291
Variation in economic preferences is systematically related to both individual and aggregate economic outcomes, yet little is known about the origins of the worldwide preference variation. This paper uses globally representative data on risk aversion, time preference, altruism, positive reciprocity, negative reciprocity, and trust to uncover that contemporary preference heterogeneity has its roots in the structure of the temporally distant migration patterns of our very early ancestors: In dyadic regressions, differences in preferences between populations are significantly increasing in the length of time elapsed since the ancestors of the respective groups broke apart from each other. To document this pattern, we link genetic and linguistic distance measures to population-level preference...
Published: Anke Becker & Benjamin Enke & Armin Falk, 2020. "Ancient Origins of the Global Variation in Economic Preferences," AEA Papers and Proceedings, vol 110, pages 319-323.
|October 2017||Global Evidence on Economic Preferences|
with , , , , : w23943
This paper studies the global variation in economic preferences. For this purpose, we present the Global Preference Survey (GPS), an experimentally validated survey dataset of time preference, risk preference, positive and negative reciprocity, altruism, and trust from 80,000 individuals in 76 countries. The data reveal substantial heterogeneity in preferences across countries, but even larger within-country heterogeneity. Across individuals, preferences vary with age, gender, and cognitive ability, yet these relationships appear partly country specific. At the country level, the data reveal correlations between preferences and bio-geographic and cultural variables such as agricultural suitability, language structure, and religion. Variation in preferences is also correlated with economic ...
Published: Armin Falk & Anke Becker & Thomas Dohmen & Benjamin Enke & David Huffman & Uwe Sunde, 2018. "Global Evidence on Economic Preferences*," The Quarterly Journal of Economics, vol 133(4), pages 1645-1692. citation courtesy of