New Economics Papers
on Neuroeconomics
Issue of 2009‒12‒05
two papers chosen by

  1. Biological correlates of the Allais paradox By Da Silva, Sergio; Baldo, Dinorá; Matsushita, Raul
  2. Parental Investment in Children: Differential Pathways of Parental Education and Mental Health By Chikako Yamauchi

  1. By: Da Silva, Sergio; Baldo, Dinorá; Matsushita, Raul
    Abstract: We conducted a questionnaire study with student subjects to look for explicit correlations between selected biological characteristics of the subjects and manifestation of the Allais paradox in the pattern of their choices between sets of two pairs of risky prospects. We find that particular bio-characteristics, such as gender, menstrual cycle, mother’s age, parenthood, digit ratio, perceived negative life events, and emotional state, can be related to the paradox. Women, in particular if not menstruating, are less susceptible to the paradox. Those born to not-too-young mothers are also less prone to the paradox. The same holds true for those who father children, those with high prenatal testosterone exposure, who have reported many negative life events, and those who were anxious, excited, aroused, happy, active, and fresh at the time of the experiment. Further, left-handers and atheists may be less inclined to exhibit the paradox.
    Keywords: Allais paradox; choice under risk; biological characteristics
    JEL: D81 C91
    Date: 2009–11–30
  2. By: Chikako Yamauchi
    Abstract: This paper examines pathways through which parental characteristics might affect children’s cognitive and behavioural outcomes. Using the 2004 LSAC, I show that more educated and mentally healthier parents are likely to have children with better outcomes. While educated parents are more frequently engaged in education-oriented activities with their children, mentally healthier parents exhibit more favourable parenting practices. To the extent that these results reflect causal relationships, they suggest that parental education and mental health affect children’s outcomes through different pathways.
    Keywords: parental education, parental mental health, test score, behavioural outcome, parenting
    JEL: D1 I2 J2
    Date: 2009–09

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