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Previous research has shown an interindividual-intergroup discontinuity effect: intergroup interactions generally lead to less cooperative outcomes than interindividual interactions. We replicated the discontinuity effect in the deterministic prisoners dilemma, but we found that groups were more...
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We analyze the impact of an individual's tendency to worry on willingness to pay (WTP) for a protective measure. We report on the results of a controlled experiment with real objects at stake. Worry was measured with the Worry Domains Questionnaire, an instrument determining an individual's...
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On the basis of a real high stakes insurance experiment with small probabilities of losses, we demonstrate that concern is a more important driver of WTP for insurance than subjective probability estimates when there is ambiguity surrounding the estimate. Concern is still important when...
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