We use an experimental lottery choice task and public goods game to examine if responsibility for the financial welfare … responsibility affects individual risk preferences. Responsibility does, however, crowd-out cooperation in a public goods game …. -- responsibility ; risk attitudes ; social preferences ; public goods game …

The selfish life-cycle model or hypothesis is, together with the dynasty or altruism model, the most widely used …

prevalence of bequests, bequest motives, tests of altruism, and the importance of borrowing (liquidity) constraints and show that …

. In the model agents receive heterogeneous utility from pure and impure altruism (Andreoni 1989) that permits warm glow to … vary between monetary donations and volunteering, thus allowing preferences for impure altruism to rationalize inefficient … allocation decisions. We define a measure of the price of impure altruism as the additional proportion of income sacrificed by a …

-interest, providing strong evidence for pocketbook voting. However, social preferences like altruism, public good considerations and …