Researchers have observed that women in developing countries often make more development-friendly choices than men. We implemented experimental tasks among large and diverse sample of married individuals in rural India and found women to make on average more patient and more risk-averse choices than men.
We find important heterogeneity in gender differences in patience: there is no difference for spouses with no children but patience levels diverge if there are small children in a family. The findings imply that conflicting spousal preferences are most likely in poor families with children.