Risk tolerance and altruism: evidence on their relationship from Germany

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Abstract

This article explores the nexus between risk tolerance and altruism. Using information from the German Socio-Economic Panel (SOEP), we find a statistically and economically significant positive correlation between risk tolerance and proxies for altruism conditional on a long covariate vector.

Original languageEnglish
JournalApplied Economics Letters
Number of pages5
ISSN1350-4851
DOIs
Publication statusAccepted/In press - 2025

Bibliographical note

Publisher Copyright:
© 2025 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.

Research areas and keywords

  • altruism
  • Risk aversion
  • SOEP

ASJC Scopus Subject Areas

  • Economics and Econometrics

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