Home > Publications . Search All . Browse All . Country . Browse PSC Pubs . PSC Report Series

PSC In The News

RSS Feed icon

Lam discusses shifts in global population, past and future

Thompson says LGBT social movement will bring new strength in push for tighter gun control

Yang says devalued pound will decrease resources for the families of migrant workers in Britain

Highlights

Frey's new report explores how the changing US electorate could shape the next 5 presidential elections, 2016 to 2032

U-M's Data Science Initiative offers expanded consulting services via CSCAR

Elizabeth Bruch promoted to Associate Professor

Susan Murphy elected to the National Academy of Sciences

Next Brown Bag

PSC Brown Bags
will resume fall 2016

Social Identity and Preferences

Archived Abstract of Former PSC Researcher

Download PDF versionBenjamin, Daniel J., James J. Choi, and A. Joshua Strickland. 2007. "Social Identity and Preferences." PSC Research Report No. 07-621. April 2007.

In two laboratory experiments, we test whether social identities can affect time and risk preferences. We find that when we make ethnic identity salient to Asian-American subjects, they make more patient choices. When we make race salient to white and black subjects, white subjects make more patient and less risk-averse choices, and non-immigrant blacks make more risk-averse choices. Our ethnic and racial identity results are consistent with U.S. demographic patterns in economic outcomes. Making gender identity salient causes risk aversion to conform to the gender risk aversion stereotype the subject believes is relatively more common. Our findings provide support for the hypothesis that cultural differences help explain differences in economic outcomes.

Later Issued As:
Benjamin, Daniel J., J. Choi, and A. Strickland. 2010. "Social Identity and Preferences." American Economic Review, 100(4): 1913-1928. PMCID: PMC2944260. DOI.

Browse | Search : All Pubs | Next