consistent with the rationality criterion. In contrast, Chapters 3, 4 and 5 take a behavioral approach to decisions under … assumptions of expected utility theory and the basic rationality requirement of consistency with first-order stochastic dominance … by a systematic bias instead of a private information advantage. Contradicting the rationality postulate and ruled out …

This paper explores inequalities in IQ and economic preferences between children from high and low socio …-economic status (SES) families. We document that children from high SES families are more intelligent, patient and altruistic, as well …

fundamental economic preferences such as time, risk, and social preferences. In a sample of preschool children we find that longer …

children from families with higher SES are more patient, tend to be more altruistic and less likely to be risk seeking, and … and quality of time parents spend with their children, the mother's IQ and economic preferences, a child's initial …

children from families with higher SES are more patient, tend to be more altruistic and less likely to be risk seeking, and … and quality of time parents spend with their children, the mother's IQ and economic preferences, a child's initial …

children, adolescents, and adults. In this paper, we use novel data on 4,282 siblings aged 6 to 16 that combine incentivized … standard cross-sectional specifications, our results confirm the predictive power of children's preferences for behavior … siblings, this predictive power largely vanishes. We discuss implications for research on children's preferences and behavior. …