I investigate how students from different cultures form risk-sharing networks when they come to study at university, and how these network structures affect risk attitudes in different contexts. Using an online survey, I find that students from collectivist cultures such as China form larger...

This paper considers the formation of risk-sharing networks. Following empirical findings, we build a model where risk-sharing takes place between pairs of individuals. We ask what structures emerge when pairs can agree to form links, but people cannot coordinate links across a population. We...