Using a specially designed experiment, we investigate whether and how interdependence in risk exposure i.e., risk … taking by some members of a potential risk sharing group affecting not only their own but also their co-members risk exposure …, affects both risk taking and ex post sharing. The experimental subjects were Sri Lankan small-holders who face interdependent …

We report a controlled laboratory experiment examining risk-taking and information aggregation in groups facing a … common risk. The experiment allows us to examine how subjects respond to new information, in the form of both privately …

We report an experiment examining risk taking and information aggregation in groups. Group members come to the table … with an individual preference for a choice under risk, based on privately received information, and can share this … information with fellow group members. They then make a decision under risk on behalf of the group using a random dictatorship …