Global Evidence on Economic Preferences*

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ID: 292332
2018
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Abstract
This article studies the global variation in economic preferences.For this purpose, we present the Global Preference Survey (GPS), an experimentally validated survey data set of time preference, risk preference, positive and negative reciprocity, altruism, and trust from 80,000 people 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 biogeographic and cultural variables, such as agricultural suitability, language structure, and religion.Variation in preferences is also correlated with economic outcomes and behaviors.Within countries and subnational regions, preferences are linked to * We thank the editor, Andrei Shleifer, and three anonymous referees.
Reference Key
openalex_W2922811975 Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors Armin Falk, Anke Becker, Thomas Dohmen, Benjamin Enke, David Huffman, Uwe Sunde
Journal the quarterly journal of economics
Year 2018
DOI
10.1093/qje/qjy013
URL
https://doi.org/10.1093/qje/qjy013
Keywords Keywords not found

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