André de Palma () (University of Cergy-Pontoise (théma) and ENPC, Member of Institut Universitaire de France) Nathalie Picard () (University of Cergy-Pontoise (théma) and INED) Anthony Ziegelmeyer () (Max Planck Institute)
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This paper reports results of an experiment designed to analyze the link between risky decisions made by couples, and risky decisions made separately by each spouse. We estimate both the individuals and the couples’ degrees of risk aversion, and we analyze how the risk preferences of the two spouses aggregate when they have to perform joint decisions under risk. We show that the man has more decision power than the woman, but the woman’s decision power increases when she has ultimate control over the joint decision.
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Paper provided by THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise in its series THEMA Working Papers with number
2007-03.
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