Confucianism and preferences: Evidence from lab experiments in Taiwan and China

Liu, Elaine M.; Meng, Juanjuan; Wang, Joseph Tao‐yi

doi:10.1016/j.jebo.2013.09.008

Cited by 50 publications

(17 citation statements)

References 46 publications

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“…The mean of the risk-aversion coefficient was 0.22 and the standard deviation was 0.67. This result is consistent with Tanaka et al [19], Harrison et al [34], Brick et al [32] and Liu et al [30,33]. The mean value of the loss-aversion coefficient was 2.87 (standard deviation: 2.63), which is close to the results of 2.25 in the literature of Tversky and Kahneman [35] and 2.63 in the paper of Tanaka et al [19].…”

Section: Farmers' Risk Cognitionsupporting

confidence: 91%

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Farmers’ Risk Cognition, Risk Preferences and Climate Change Adaptive Behavior: A Structural Equation Modeling Approach

Jia

Kuang

et al. 2019

IJERPH

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Improving local farmers climate change adaptive capacity is an important policy issue in rural China. This study investigates farmers risk cognition, risk preferences and climate change adaptive behavior. Based on unique data from a survey and a paired lottery experiment completed by 240 rural farmers in Chongqing City of China, this paper finds that farmers have a pessimistic risk cognition towards climate change and the typical farmers are risk-averse and loss-averse. Risk cognition and adaptation cognition have significantly positive influences on climate change adaptive behavior, and loss aversion has a significantly positive influence on farmers adaptation decisions. Loss aversion exerts a positive impact on risk cognition and adaptation cognition, and risk aversion has a positive impact on adaptation cognition. This paper contributes to the emerging literature that relates risk preference in experiments and risk cognition to farmers climate change adaptive behavior.

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Section: Farmers' Risk Cognitionsupporting

confidence: 91%

“…To obtain farmers' attitudes toward loss, this study used the loss-aversion experiment design based on Liu at al. [33]. Farmers would make a choice between option A and option B from task 1 to task 7 ( Table 2).…”

Section: Loss-aversion Experimentsmentioning

confidence: 99%

Farmers’ Risk Cognition, Risk Preferences and Climate Change Adaptive Behavior: A Structural Equation Modeling Approach

Jia

Kuang

et al. 2019

IJERPH

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“…Our research also adds to an increasing number of studies confirming that induced change in social norms do indeed affect individual preferences and behaviour. For example, Liu et al (2014) investigate how Confucianism affects economic preferences of subjects in mainland China and Taiwan by priming their subjects -university studentswith Confucianism. The finding that Chinese and Taiwanese subjects responded very differently to this priming is interpreted as the result of different histories and experiences.…”

Section: Introductionmentioning

confidence: 99%

“…Taiwan shares the same language and has a similar initial culture as that of mainland China. One of the most important parts of this initial culture is Confucian values, beliefs, and ethics, which have been passed down in Taiwan from parents to children and from teachers to students (Liu et al, 2014).…”

Section: Introductionmentioning

confidence: 99%

Gender Differences in Willingness to Compete: The Role of Culture and Institutions

Booth

Fan

Meng

et al. 2018

The Economic Journal

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Gender Differences in Willingness to Compete: The Role of Culture and Institutions * In the laboratory experiment reported in this paper we explore how evolving institutions and social norms, which we label 'culture', change individuals' preferences and behaviour in mainland China. From 1949 China experienced dramatic changes in its socioeconomic institutions. These began with communist central planning and the establishment of new social norms, including the promotion of gender equality in place of the Confucian view of female 'inferiority'. Market-oriented reforms, begun in 1978, helped China achieve unprecedented economic growth and at the same time Marxist ideology was gradually replaced by the acceptance of individualistic free-market ideology. During this period, many old traditions crept back and as a consequence social norms gradually changed again. In our experiment we investigate gender differences in competitive choices across different birth cohorts of individuals who, during their crucial developmental-age, were exposed to one of the two regimes outlined above. In particular we investigate gender differences in competitive choices for different birth cohorts in Beijing using their counterparts in Taipei (subject to the same original Confucian traditions) to control for the general time trend. Our findings confirm: (i) that females in Beijing are significantly more likely to compete than females from Taipei; (ii) that Beijing females from the 1958 birth cohort are more competitive than their male counterparts as well as more competitive than later Beijing birth cohorts; and (iii) that for Taipei there are no statistically significant differences across cohort or gender in willingness to compete. In summary, our findings confirm that exposure to different institutions and social norms during the crucial developmental age changes individuals' behaviour. Our findings also provide further evidence that gender differences in economic preferences are not innately determined.

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“…Confucianism has had a lasting impact not only in China but also in almost all neighbouring countries, such as Japan, Korea, Singapore, and Taiwan (Liu, Meng, and Wang, 2013). In fact, Confucianism is one of the most influential social cultures in Korea.…”

Section: Framework Of the Studymentioning

confidence: 99%

The role of Confucianism in South Korea's emergency management system

2018

Disasters

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Numerous Western researchers have examined the influence of Confucianism on development in Asia, but almost no South Korean researchers have studied the topic in regard to emergency management in their own country. This study begins by considering Confucianism as a social culture. Next, it goes on to evaluate its role in South Korea's emergency management system, contributing, ultimately, to efficiencies in emergency management. Drawing on a literature review and a case study, the paper assesses the double- and single-faced approaches, using four major Confucian components: destiny; family; ritual; and relation. The double-faced approach includes the positive and negative aspects of emergency management, whereas the single-faced approach incorporates only its positive aspects. This paper provides, for the first time, a systematic analysis of the relationship between Confucianism and emergency management in South Korea. Its key finding is that the double-faced approach needs to be transformed into a single-faced approach through active facilitation of behavioural change.

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Confucianism and preferences: Evidence from lab experiments in Taiwan and China

Cited by 50 publications

References 46 publications

Farmers’ Risk Cognition, Risk Preferences and Climate Change Adaptive Behavior: A Structural Equation Modeling Approach

Farmers’ Risk Cognition, Risk Preferences and Climate Change Adaptive Behavior: A Structural Equation Modeling Approach

Gender Differences in Willingness to Compete: The Role of Culture and Institutions

The role of Confucianism in South Korea's emergency management system

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