The social costs of responsibility

We use an experimental lottery choice task and public goods game to examine if responsibility for the financial welfare of others affects decisionmaking behaviour in two different types of decision environments. We find no evidence that responsibility affects individual risk preferences. Responsibility does, however, crowd-out cooperation in a public goods game.

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Year of publication:	2011
Authors:	Humphrey, Steven J. ; Renner, Elke
Publisher:	Nottingham : The University of Nottingham, Centre for Decision Research and Experimental Economics (CeDEx)
Subject:	responsibility \| risk attitudes \| social preferences \| public goods game

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Series:	CeDEx Discussion Paper Series ; 2011-02
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	655720057 [GVK] hdl:10419/49703 [Handle]
Classification:	C72 - Noncooperative Games ; C91 - Laboratory, Individual Behavior ; D74 - Conflict; Conflict Resolution; Alliances ; H41 - Public Goods
Source:	EconStor

Persistent link: https://www.econbiz.de/10010277514