Please use this identifier to cite or link to this item: https://hdl.handle.net/10356/76848
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dc.contributor.authorOng, Shi Ting
dc.contributor.authorLee, Shu Yuan
dc.contributor.authorQuek, Vivian Si Ting
dc.date.accessioned2019-04-19T14:23:31Z
dc.date.available2019-04-19T14:23:31Z
dc.date.issued2019
dc.identifier.urihttp://hdl.handle.net/10356/76848
dc.description.abstractThis paper reviews empirically the extent to which parents shape the risk attitudes of their children through simple decision-making tasks. Utilising the Holt-Laury’s Task Experiment, we conducted a novel experiment on 201 pairs of parent-child subjects by introducing a separation intervention as our treatment. We targeted young children of ages from 3 to 8 years old. Our findings support the intergenerational transmission of risk attitude; they show that the risk behaviour of parents is statistically significant and positively correlated to their children. Our results also suggest that there is no significant effect of risk preferences of parents on children when they conduct the experiment in different rooms. This highlights the importance of parental involvement in harnessing children’s risk-taking impulses, and vitally suggests that the nurture from parents is critical in forming the risk preferences of their children.en_US
dc.format.extent35 p.en_US
dc.language.isoenen_US
dc.subjectDRNTU::Social sciences::Economic developmenten_US
dc.titleNature vs nurture : an experimental study on intergenerational transmission of risk preferenceen_US
dc.typeFinal Year Project (FYP)en_US
dc.contributor.supervisorHe Tai-Senen_US
dc.contributor.schoolSchool of Social Sciencesen_US
dc.description.degreeBachelor of Arts in Economicsen_US
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Appears in Collections:SSS Student Reports (FYP/IA/PA/PI)
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