PREFERENCES

"Understanding Preferences: Measurement, Prevalence, Determinants and Consequences"

 Coordinatore RHEINISCHE FRIEDRICH-WILHELMS-UNIVERSITAT BONN 

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 Nazionalità Coordinatore Germany [DE]
 Totale costo 1˙340˙000 €
 EC contributo 1˙340˙000 €
 Programma FP7-IDEAS-ERC
Specific programme: "Ideas" implementing the Seventh Framework Programme of the European Community for research, technological development and demonstration activities (2007 to 2013)
 Code Call ERC-2007-StG
 Funding Scheme ERC-SG
 Anno di inizio 2009
 Periodo (anno-mese-giorno) 2009-01-01   -   2013-12-31

 Partecipanti

# participant  country  role  EC contrib. [€] 
1    RHEINISCHE FRIEDRICH-WILHELMS-UNIVERSITAT BONN

 Organization address address: REGINA PACIS WEG 3
city: BONN
postcode: 53113

contact info
Titolo: Ms.
Nome: Daniela
Cognome: Hasenpusch
Email: send email
Telefono: 0049 73 7274
Fax: +49 228/736479

DE (BONN) hostInstitution 0.00
2    RHEINISCHE FRIEDRICH-WILHELMS-UNIVERSITAT BONN

 Organization address address: REGINA PACIS WEG 3
city: BONN
postcode: 53113

contact info
Titolo: Prof.
Nome: Armin
Cognome: Falk
Email: send email
Telefono: 0049 228 735082

DE (BONN) hostInstitution 0.00

Mappa


 Word cloud

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skills    systematically    cognitive    social    economic    preferences    origin    vary    human    leisure    individual    risk    questions   

 Obiettivo del progetto (Objective)

'This project analyzes the distribution, origin, determinants and consequences of human preferences. Preferences are key building blocks of any economic model and fundamentally determine human behavior both at an individual and a country wide level. Four particularly important types of preferences, which will be studied in this research project, are risk preferences, time preferences, social preferences and preferences for work and leisure. Despite their fundamental importance, empirical knowledge regarding the nature of preferences is still very limited. Crucial open questions concern: the pervasiveness of different degrees of risk aversion, impatience, social preferences and preferences for work and leisure in the population; the extent to which different preferences vary systematically with personal characteristics, such as gender, age, and educational background; the correlation between preferences within person, e.g., whether individuals who are risk averse also tend to be impatient; the relation between economic preferences and other non-cognitive skills, such as personality (e.g., Big Five) and cognitive skills measured in terms of IQ; the origin of preferences, e.g., the extent to which preferences are passed on from one generation to the next; the possibility that preferences and attitudes vary systematically with the social and institutional environment; and the degree to which individual preference endowments differ across populations and countries. Answering theses questions is of great importance, both from a general research perspective as well as from a policy oriented point of view. This project is highly innovative as it combines experimental and survey techniques and because it bridges insights from many disciplines.'

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