Details
| Originalsprache | Englisch |
|---|---|
| Seiten (von - bis) | 6019-6024 |
| Seitenumfang | 6 |
| Fachzeitschrift | Proceedings of the National Academy of Sciences of the United States of America |
| Jahrgang | 116 |
| Ausgabenummer | 13 |
| Frühes Online-Datum | 11 März 2019 |
| Publikationsstatus | Veröffentlicht - 26 März 2019 |
Abstract
Does birth order shape people's propensity to take risks? Evidence is mixed. We used a three-pronged approach to investigate birthorder effects on risk taking. First, we examined the propensity to take risks as measured by a self-report questionnaire administered in the German Socio-Economic Panel, one of the largest and most comprehensive household surveys. Second, we drew on data from the Basel Berlin Risk Study, one of the most exhaustive attempts to measure risk preference. This study administered 39 risk-taking measures, including a set of incentivized behavioral tasks. Finally, we considered the possibility that birth-order differences in risk taking are not reflected in survey responses and laboratory studies. We thus examined another source of behavioral data: the risky life decision to become an explorer or a revolutionary. Findings from these three qualitatively different sources of data and analytic methods point unanimously in the same direction: We found no birth-order effects on risk taking.
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in: Proceedings of the National Academy of Sciences of the United States of America, Jahrgang 116, Nr. 13, 26.03.2019, S. 6019-6024.
Publikation: Beitrag in Fachzeitschrift › Artikel › Forschung › Peer-Review
}
TY - JOUR
T1 - No effect of birth order on adult risk taking
AU - Lejarraga, Tomás
AU - Frey, Renato
AU - Schnitzlein, Daniel D.
AU - Hertwig, Ralph
N1 - Funding information: We thank Susannah Goss for editing the manuscript. We also thank Jill de Ron, Max Rank, Amanda Barreiro, and Iro Eleftheriadou for research assistance.
PY - 2019/3/26
Y1 - 2019/3/26
N2 - Does birth order shape people's propensity to take risks? Evidence is mixed. We used a three-pronged approach to investigate birthorder effects on risk taking. First, we examined the propensity to take risks as measured by a self-report questionnaire administered in the German Socio-Economic Panel, one of the largest and most comprehensive household surveys. Second, we drew on data from the Basel Berlin Risk Study, one of the most exhaustive attempts to measure risk preference. This study administered 39 risk-taking measures, including a set of incentivized behavioral tasks. Finally, we considered the possibility that birth-order differences in risk taking are not reflected in survey responses and laboratory studies. We thus examined another source of behavioral data: the risky life decision to become an explorer or a revolutionary. Findings from these three qualitatively different sources of data and analytic methods point unanimously in the same direction: We found no birth-order effects on risk taking.
AB - Does birth order shape people's propensity to take risks? Evidence is mixed. We used a three-pronged approach to investigate birthorder effects on risk taking. First, we examined the propensity to take risks as measured by a self-report questionnaire administered in the German Socio-Economic Panel, one of the largest and most comprehensive household surveys. Second, we drew on data from the Basel Berlin Risk Study, one of the most exhaustive attempts to measure risk preference. This study administered 39 risk-taking measures, including a set of incentivized behavioral tasks. Finally, we considered the possibility that birth-order differences in risk taking are not reflected in survey responses and laboratory studies. We thus examined another source of behavioral data: the risky life decision to become an explorer or a revolutionary. Findings from these three qualitatively different sources of data and analytic methods point unanimously in the same direction: We found no birth-order effects on risk taking.
KW - BBRS
KW - Birth order
KW - Family dynamics
KW - Risk taking
KW - SOEP
UR - http://www.scopus.com/inward/record.url?scp=85063969677&partnerID=8YFLogxK
U2 - 10.1073/pnas.1814153116
DO - 10.1073/pnas.1814153116
M3 - Article
C2 - 30858316
AN - SCOPUS:85063969677
VL - 116
SP - 6019
EP - 6024
JO - Proceedings of the National Academy of Sciences of the United States of America
JF - Proceedings of the National Academy of Sciences of the United States of America
SN - 0027-8424
IS - 13
ER -