Arbeitspapier
The origins of risk sharing: An experimental approach
Controversy exists about the act of giving as altruistic instead of self-interested behavior. Each side of this argument interprets similar results from similar experiments in diff erent ways. One side argues the results show that the appearance of altruistic behavior can be explained by self-interested motives. The other side argues these results are evidence of group selection,where a group member takes an action that is harmful to itself but benefi cial to the group. We consider this question using a novel approach. We create a rich experimental environment in which subjects have the ability to cooperate to improve the group's outcome by sharing their wealth in non-compulsory, non-enforceable risk-sharing arrangements. We find that average subject behavior appears to be motivated by self-interest more than group survival.
- Language
-
Englisch
- Bibliographic citation
-
Series: Working Paper ; No. 2013-02
- Classification
-
Wirtschaft
- Subject
-
risk sharing
experiment
resource management
risk sharing
experiment
resource management
- Event
-
Geistige Schöpfung
- (who)
-
Gazzillo, Steven
Sopher, Barry
Aktipis, Athena
Cronk, Lee
- Event
-
Veröffentlichung
- (who)
-
Rutgers University, Department of Economics
- (where)
-
New Brunswick, NJ
- (when)
-
2011
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Gazzillo, Steven
- Sopher, Barry
- Aktipis, Athena
- Cronk, Lee
- Rutgers University, Department of Economics
Time of origin
- 2011
Other Objects (12)
Ethnic Risk Sharing among the Rural Population in Vietnam - An Experimental Approach
Optimal reinsurance: A risk sharing approach
Peer effects and risk sharing in experimental asset markets
Peer Effects and Risk Sharing in Experimental Asset Markets
An Experimental Investigation of Risk Sharing and Adverse Selection
Peer effects and risk sharing in experimental asset markets
Risk-sharing and entrepreneurship
Household risk-sharing channels
Intergenerational Risk Sharing with Market Liquidity Risk
On The Origins of Risk-Taking
On the origins of risk-taking
On the Origins of Risk-Taking
Ethnic Risk Sharing among the Rural Population in Vietnam - An Experimental Approach
Optimal reinsurance: A risk sharing approach
Peer effects and risk sharing in experimental asset markets
Peer Effects and Risk Sharing in Experimental Asset Markets
An Experimental Investigation of Risk Sharing and Adverse Selection
Peer effects and risk sharing in experimental asset markets
Risk-sharing and entrepreneurship
Household risk-sharing channels
Intergenerational Risk Sharing with Market Liquidity Risk
On The Origins of Risk-Taking
On the origins of risk-taking
On the Origins of Risk-Taking
Ethnic Risk Sharing among the Rural Population in Vietnam - An Experimental Approach
Optimal reinsurance: A risk sharing approach
Peer effects and risk sharing in experimental asset markets
Peer Effects and Risk Sharing in Experimental Asset Markets
An Experimental Investigation of Risk Sharing and Adverse Selection
Peer effects and risk sharing in experimental asset markets
Risk-sharing and entrepreneurship
Household risk-sharing channels
Intergenerational Risk Sharing with Market Liquidity Risk
On The Origins of Risk-Taking
On the origins of risk-taking