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Willingness to take risk depends on whether the risk affects others as well as oneself and on how the risk affects one´s position vis-á-vis others. Taking a bet can improve one´s position relative to others or threaten it. We present an experiment that explores individual attitudes to...
Persistent link: https://www.econbiz.de/10010323885
We use an experimental lottery choice task and public goods game to examine if responsibility for the financial welfare of others affects decisionmaking behaviour in two different types of decision environments. We find no evidence that responsibility affects individual risk preferences....
Persistent link: https://www.econbiz.de/10010277514
Willingness to take risk depends on whether the risk affects others as well as oneself and on how the risk affects oneś position vis-á-vis others. Taking a bet can improve oneś position relative to others or threaten it. We present an experiment that explores individual attitudes to lotteries...
Persistent link: https://www.econbiz.de/10009784058
We use an experimental lottery choice task and public goods game to examine if responsibility for the financial welfare of others affects decisionmaking behaviour in two different types of decision environments. We find no evidence that responsibility affects individual risk preferences....
Persistent link: https://www.econbiz.de/10010545638
We use an experimental lottery choice task and public goods game to examine if responsibility for the financial welfare of others affects decisionmaking behaviour in two different types of decision environments. We find no evidence that responsibility affects individual risk preferences....
Persistent link: https://www.econbiz.de/10008854168
When using the strategy method in ultimatum bargaining, many researchers ask responders for the minimal acceptable offer only implicitly assuming strategies to be monotone. Recent research has shown, however, that subjects decline disadvantageous and advantageous proposals. We report on an...
Persistent link: https://www.econbiz.de/10010263118
When using the strategy method in ultimatum bargaining, many researchers ask responders for the minimal acceptable offer only implicitly assuming strategies to be monotone. Recent research has shown, however, that subjects decline disadvantageous and advantageous proposals. We report on an...
Persistent link: https://www.econbiz.de/10004968355
We conduct a real-effort task experiment where subjects' performance translates into a donation to a charity. In a within-subjects design we vary the visibility of the donation (no/private/public feedback). Confirming previous studies, we find that subjects' performance increases, that is, they...
Persistent link: https://www.econbiz.de/10010291810
; theories of affect predict the reverse. In field and lab experiments, we allow people to donate from lottery winnings, varying …
Persistent link: https://www.econbiz.de/10011345573
on average players' investments are larger than equilibrium investments. In contrast to social dilemma experiments, in …
Persistent link: https://www.econbiz.de/10010332982