Empirical evidence on interdependent preferences: nature or nurture?
This paper discusses empirical evidence for interdependent preferences from the point of view of the neurosciences, of heritability studies, and of cross‐cultural and developmental psychology: it shows how interdependent preferences are determined to a significant degree by environmental factors. Th...
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| Veröffentlicht in: | Cambridge journal of economics 2003-11, Vol.27 (6), p.867-880 |
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| container_title | Cambridge journal of economics |
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| creator | Zizzo, Daniel John |
| description | This paper discusses empirical evidence for interdependent preferences from the point of view of the neurosciences, of heritability studies, and of cross‐cultural and developmental psychology: it shows how interdependent preferences are determined to a significant degree by environmental factors. This result has meaningful implications for economic theory, policy and experimentation. A theory of interdependent preferences should also be a theory of their endogenous determination. Normative analyses ignore the endogeneity of interdependent preferences at their own peril. Caution is required in experimental analyses attempting to measure the distribution of interdependent preferences in the population. |
| doi_str_mv | 10.1093/cje/27.6.867 |
| format | Article |
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| ispartof | Cambridge journal of economics, 2003-11, Vol.27 (6), p.867-880 |
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| language | eng |
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| source | Jstor Complete Legacy; Oxford University Press Journals All Titles (1996-Current) |
| subjects | Behavioral genetics Biological altruism Biology Developmental psychology Economic theory Educational environment Empirical evidence Endogenous preferences Experimental economics Heritability Human aggression Human genetics Interdependent preferences Neurobehavioural economics Neurobiology Neurology Psychology Theory Twins |
| title | Empirical evidence on interdependent preferences: nature or nurture? |
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