IDEAS home Printed from https://ideas.repec.org/a/diw/diwwob/80-10-3.html
   My bibliography  Save this article

Volksvertreter sind risikofreudiger als das Volk

Author

Listed:
  • Moritz Heß
  • Christian von Scheve
  • Jürgen Schupp
  • Gert G. Wagner

Abstract

The article analyzes the question of whether career politicians differ systematically from the general population in terms of their attitudes toward risk. A written survey of members of the 17th German Bundestag in late 2011 identified their risk attitudes, and the survey data was set in relation to respondents to the German Socio-Economic Panel Study (SOEP) for the survey year 2009 (2002 through 2012). Compared with the population surveyed in the SOEP, members of the German parliament display a considerably higher general risk appetite, which is highly significant. For different areas of risk, last surveyed in the SOEP in 2009, the members of parliament had significantly stronger risk-loving attitudes across virtually all indicators and risk categories surveyed than the comparison groups of SOEP respondents. In der Politik sind wie im Geschäftsleben oft riskante beziehungsweise gefährliche Entscheidungen zu treffen, bei denen die Ergebnisse nur schwer oder gar nicht prognostizierbar sind. Da Menschen in ihren Einstellungen gegenüber Risiken und Gefahren variieren, ist es vernünftig, dass in Lebensbereichen, die unterschiedlich riskante Entscheidungen erfordern, Menschen mit unterschiedlichen Risikoeinstellungen tätig sind. So wurde schon immer beobachtet, dass Unternehmer ein höheres Maß an Risikofreude zeigen als abhängig Beschäftigte. Für diesen Bericht wurde Ende des Jahres 2011 mit Hilfe einer statistischen Erhebung die Risikoeinstellung von Mitgliedern des Deutschen Bundestags (MdB) ermittelt. Demnach sind diese weit überdurchschnittlich risikofreudig; sie sind sogar deutlich risikofreudiger als Selbständige. Man kann dies kritisch sehen: Politiker sind bereit, höhere Risiken einzugehen, als es die Bevölkerung im Durchschnitt tun würde. Insofern sind Politiker keine repräsentativen Vertreter des Volkes. Wir interpretieren diesen Befund jedoch positiv, als eine gesellschaftlich sinnvolle "Arbeitsteilung" zwischen Bürgern, Wählern und Politikern im Rahmen einer repräsentativen Demokratie, die Risikofreude und Macht institutionell begrenzt.

Suggested Citation

  • Moritz Heß & Christian von Scheve & Jürgen Schupp & Gert G. Wagner, 2013. "Volksvertreter sind risikofreudiger als das Volk," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, vol. 80(10), pages 17-21.
  • Handle: RePEc:diw:diwwob:80-10-3
    as

    Download full text from publisher

    File URL: https://www.diw.de/documents/publikationen/73/diw_01.c.416801.de/13-10-3.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Heß, Moritz & Scheve, Christian von & Schupp, Jürgen & Wagner, Aiko & Wagner, Gert G., 2018. "Are Political Representatives More Risk-Loving Than the Electorate? Evidence from German Federal and State Parliaments," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 4, pages 1-7.
    2. Gert G. Wagner & Ruben C. Arslan & Florian Dorn & Stefanie Gäbler & Florian Griese & Ralph Hertwig & Björn Kauder & Manuela Krause & Luisa Lorenz & Martin Mosler & Niklas Potrafke & Luisa Dörr, 2018. "Economists’ Risk Assessment," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 71(07), pages 61-64, April.

    More about this item

    Keywords

    Political decision making; risk aversion; German parliament; SOEP;
    All these keywords.

    JEL classification:

    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • H70 - Public Economics - - State and Local Government; Intergovernmental Relations - - - General
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:diw:diwwob:80-10-3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Bibliothek (email available below). General contact details of provider: https://edirc.repec.org/data/diwbede.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.