“…First, our results provide empirical support needed for theories of parenting that use preference transmission as a decision variable (Bisin and Verdier, 2001;Doepke and Zilibotti, 2017). Second, we contribute to evidence on the extent to which risk and trust attitudes are formed by nature (genes) or nurture (family environment) (Cesarini et al, 2008;Hiraishi et al, 2008;Cesarini et al, 2009;Zyphur et al, 2009;Van Lange et al, 2014;Wootton et al, 2016;Harden et al, 2017;Reimann et al, 2017;Nicolaou and Shane, 2019). This literature generally finds a limited, or even zero, role for common family environment.…”