Genetic Variation in Financial Decision Making

By David Cesarini, Magnus Johannesson, P. Lichtenstein, Örjan Sandewall, Björn Wallace. 2010

290 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/4b7d550c56512a544607ec54c3a5826b13c170ad

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Citations in the corpus

Violence and Risk Preference: Experimental Evidence from Afghanistan (2014, background): “Such evidence relates closely to genetic evidence indicating that though some heritability in risk preferences and financial behavior is observed, much of the variation remains unexplained (Cesarini et al. 2009, 2010; Kuhnen, Samanez-Larkin, and Knutson 2011). 3 While Eckel, Gamal, and Wilson (2009)”
The psychometric and empirical properties of measures of risk preferences (2017, unknown): “This result is in line with what Dohmen et al. (2011) find.”
Locus of Control and Savings (2016, background): “…of previous research, which finds that individuals’ cognitive skills (e.g. Christelis et al., 2010; Grinblatt et al., 2011), risk preferences (see Cesarini et al., 2010, and the references therein), mental health (Bogan & Fertig, 2013), and personality traits (Brown & Taylor, 2011) are all…”
Formative Experiences and Portfolio Choice: Evidence from the Finnish Great Depression (2017, unknown): “Barnea, Cronqvist, and Siegel (2010), Cesarini et al. (2010), and Calvet and Sodini (2013) use register-based twin data to analyze the determinants of portfolio choice.”
Nature or Nurture: What Determines Investor Behavior? (2010, unknown): “Early models such as Samuelson (1969) and Merton (1969, 1971) show that in frictionless markets, differences in preferences (risk aversion) are the only relevant source of heterogeneity.8 To improve our understanding of portfolio choices, financial economists have more recently considered…”
IQ, Trading Behavior, and Performance (2012, unknown): “This asymmetry hypothesis, first advanced by Chan and Lakonishok (1993) and Saar (2001), is supported by evidence from Kraus and Stoll (1972), Choe, McInish, and Wood (1995), Busse and Green (2002), and Cohen, Frazzini, and Malloy (2008).”
Childhood Roots of Financial Literacy (2015, background): “Cesarini et al. (2010) explain about 25% of risk taking in financial decision making by genetic variation.”
Value versus growth investing: Why do different investors have different styles? (2015, unknown): “…taking is not defined from the perspective of exposure to a value/growth risk factor, but risk preferences are either elicited from experiments (e.g., Cesarini et al. (2009)) or involve measures such as the share in equities (e.g., Barnea, Cronqvist, and Siegel (2010) and Cesarini et al. (2010)).”
Twin Picks: Disentangling the Determinants of Risk-Taking in Household Portfolios (2013, unknown): “[7] Barsky, Robert, Thomas Juster, Miles Kimball, and Matthew Shapiro, 1997, Preference parameters and behavioral heterogeneity: An experimental approach in the Health and Retirement Study, Quarterly Journal of Economics 112(2), 537-579.”
Gravity and culture in foreign portfolio investment (2012, background): “Disciplines such as anthropology, history and philosophy (House et al., 2002); genetics (Madox et al., 1984; Cesarini et al., 2010); and psychology (O'Grady and Lane, 1996) contribute to our understanding of the determinants of culture.”
PEER EFFECTS IN ECONOMIC ATTITUDES (2014, unknown): “PEER EFFECTS IN ECONOMIC ATTITUDES 1 Recent research shows that genetic traits account for about 20 percent of the variation across individuals in life-long economic attitudes such as risk aversion and altruism (Cesarini et al, 2010).”
CEO Personal Risk-Taking and Corporate Policies (2016, unknown): “Finally, several recent studies examine biologically based variation in risk tolerance (e.g., Cronqvist and Siegel (2015), Barnea, Cronqvist, and Siegel (2010), Sapienza, Zingales, and Maestripieri (2009), and Cesarini, Johannesson, Lichtenstein, Sandewall, and Wallace (2010)).”
What More Than Parental Income, Education and Occupation? An Exploration of What Swedish Siblings Get from Their Parents (2010, unknown): “2009b) and financial decision making (Cesarini et al. 2010).”