Willingness to take risk depends on whether the risk affects others as well as oneself and on how the risk affects oneś … apparent whether the unfair safe social outcome benefits them or the other. Subjects are also more risk averse when facing … tendency to avoid social lotteries that impose a risk on the other. An attempt to reconcile those findings with standard models …

risk. Furthermore, we determine whether subjects are averse to collective risk - the variability in the sum of payoffs of … the other. The first presentation draws attention to inequality in payoffs, the second to collective risk. We find that … risk changes choice only marginally and not significantly, though in the direction of collective risk reduction. We …

second source of noise is present because of payoff risk, which reduces the correlation between expected and realized payoffs …. We manipulate payoff risk using a 2x2 design: payoffs from contest investments are either risky (as in standard contests … safe (as in standard contests) or risky. We find that Nash equilibrium rates go up to 100% when payoff risk is not present …

for measuring the depth of thinking. In this paper, we find that choices in the 11-20 game are confounded with risk … aversion; hence, the depth of thinking measured is confounded with risk aversion. We also theoretically show that risk aversion … are not correlated with risk aversion …

nondeterrent sanction for those who do not comply. My experimental design allows me to disentangle to what extent the effect of the …

nondeterrent sanction for those who do not comply. My experimental design allows me to disentangle to what extent the effect of the …