Ancient Origins of the Global Variation in Economic Preferences

This paper shows that contemporary population-level heterogeneity in risk aversion, time preference, altruism, positive reciprocity, negative reciprocity, and trust partly traces back to the structure of the migration patterns of our very early ancestors. To document this pattern, we link difference...

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Published in:AEA papers and proceedings 2020-05, Vol.110, p.319-323
Main Authors: Becker, Anke, Enke, Benjamin, Falk, Armin
Format: Article
Language:English
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THE ROLE OF ATTITUDES AND PERCEPTIONS ON ECONOMIC AND POLITICAL OUTCOMES
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description This paper shows that contemporary population-level heterogeneity in risk aversion, time preference, altruism, positive reciprocity, negative reciprocity, and trust partly traces back to the structure of the migration patterns of our very early ancestors. To document this pattern, we link differences in preferences between populations to the length of time elapsed since the ancestors of the respective groups broke apart from each other, as proxied by genetic and linguistic distance measures. Preference differences are significantly increasing in ancestral distance in both cross-country regressions and within-country analyses across groups of migrants.
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subjects THE ROLE OF ATTITUDES AND PERCEPTIONS ON ECONOMIC AND POLITICAL OUTCOMES
title Ancient Origins of the Global Variation in Economic Preferences
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