{"title":"Psychological Wellness and Altruism: How Early-Life Risks Shape Adult Preferences","authors":"Jean Baptiste Habyarimana, Vikas Kakkar","doi":"10.1111/kykl.12430","DOIUrl":null,"url":null,"abstract":"<div>\n \n <p>Theoretical concerns suggest that psychological wellness risks experienced during one period can influence endogenous preferences in subsequent periods. This study examines the relationship between childhood psychological wellness risk and altruistic attitudes in adulthood. We find that a one standard deviation increase in the likelihood of experiencing childhood psychological distress predicts a 0.28% to 2.32% decrease (in standard deviation terms) in the desire for dynasty-building and generosity during adulthood. Additionally, we find evidence for the altruism-habit formation hypothesis. We suggest that experiencing psychological wellness risk leads to more self-interest–oriented choices rather than altruism-oriented preferences later in life. These results remain robust across multiple robustness analyses.</p>\n </div>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"78 2","pages":"525-545"},"PeriodicalIF":1.5000,"publicationDate":"2024-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Kyklos","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/kykl.12430","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
Theoretical concerns suggest that psychological wellness risks experienced during one period can influence endogenous preferences in subsequent periods. This study examines the relationship between childhood psychological wellness risk and altruistic attitudes in adulthood. We find that a one standard deviation increase in the likelihood of experiencing childhood psychological distress predicts a 0.28% to 2.32% decrease (in standard deviation terms) in the desire for dynasty-building and generosity during adulthood. Additionally, we find evidence for the altruism-habit formation hypothesis. We suggest that experiencing psychological wellness risk leads to more self-interest–oriented choices rather than altruism-oriented preferences later in life. These results remain robust across multiple robustness analyses.
期刊介绍：
KYKLOS views economics as a social science and as such favours contributions dealing with issues relevant to contemporary society, as well as economic policy applications. Since its inception nearly 60 years ago, KYKLOS has earned a worldwide reputation for publishing a broad range of articles from international scholars on real world issues. KYKLOS encourages unorthodox, original approaches to topical economic and social issues with a multinational application, and promises to give fresh insights into topics of worldwide interest
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