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Social Identity and Preferences / Daniel J. Benjamin, James J. Choi, A. Joshua Strickland.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Benjamin, Daniel J.
Contributor:
National Bureau of Economic Research.
Choi, James J.
Strickland, A. Joshua.
Series:
Working Paper Series (National Bureau of Economic Research) no. w13309.
NBER working paper series no. w13309
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2007.
Summary:
Social identities prescribe behaviors for people. We identify the marginal behavioral effect of these norms on discount rates and risk aversion by measuring how laboratory subjects' choices change when an aspect of social identity is made salient. When we make ethnic identity salient to Asian-American subjects, they make more patient choices. When we make racial identity salient to black subjects, non-immigrant blacks (but not immigrant blacks) make more patient choices. Making gender identity salient has no effect on intertemporal or risk choices.
Notes:
Print version record
August 2007.

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