Individuals often have to decide to which degree of risk they want to expose others, or how much risk to accept if … their choice has an externality on third parties. One typical application is a household. We run an experiment in the German … Socio-Economic Panel with two members from 494 households. Participants have a good estimate of each other's risk …

Individuals often have to decide to which degree of risk they want to expose others, or how much risk to accept if … their choice has an externality on third parties. One typical application is a household. We run an experiment in the German … Socio-Economic Panel with two members from 494 households. Participants have a good estimate of each other's risk …

We test 494 households participating in the German Socio Economic Panel SOEP to examine risk taking by one household … the risk preference of the counterpart is at best imperfect. Two findings suggest preference dependence: participants do … not need explicit information about their counterpart's choice to learn their risk preference. There are characteristic …

limitations irrelevant. This experiment shows that strong property rights serve this function. In theory, efficient outcomes …

limitations irrelevant. This experiment shows that strong property rights serve this function. In theory, efficient outcomes …

expected. -- Oligopoly ; Collusion ; experiment ; Uncertainty ; negative externalities ; prisoner's dilemma …

to lower prices for copyrights. More copyrights trade. The buyers perceive less ex-post unfairness. -- experiment …

an experiment we find that, to the contrary, under most specifications of uncertainty, dictators give more, compared with …