Bohnet, Iris; Greig, Fiona; Herrmann, Benedikt; Zeckhauser - Kennedy School of Government, Harvard University - 2006
Due to betrayal aversion, people take risks less willingly when the agent of uncertainty is another person rather than nature. Individuals in four countries (Brazil, Switzerland, the United Arab Emirates and the United States) confronted either a binary-choice trust game or a risky decision...