Donations, Risk Attitudes and Time Preferences: A Study on Altruism in Primary School Children
26 Pages Posted: 15 Mar 2014
We study with a sample of 1,070 primary school children, aged seven to eleven years, how altruism in a donation experiment is related to children's risk attitudes and intertemporal choices. Examining such a relationship is motivated by theories of reciprocal altruism that provide a cornerstone to understand human social behavior. We find that higher risk tolerance and patience in intertemporal choice increase, in general, the level of donations, albeit the effects are non-linear. We confirm earlier results that altruism increases with age during childhood and that girls are more altruistic than boys. Having older brothers makes subjects less altruistic.
Keywords: altruism, donations, risk attitudes, intertemporal choices, experiment, children
JEL Classification: C91, D03, D63, D64
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