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.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 2013-02

Klassifikation
Wirtschaft
Thema
risk sharing
experiment
resource management
risk sharing
experiment
resource management

Ereignis
Geistige Schöpfung
(wer)
Gazzillo, Steven
Sopher, Barry
Aktipis, Athena
Cronk, Lee
Ereignis
Veröffentlichung
(wer)
Rutgers University, Department of Economics
(wo)
New Brunswick, NJ
(wann)
2011

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Gazzillo, Steven
  • Sopher, Barry
  • Aktipis, Athena
  • Cronk, Lee
  • Rutgers University, Department of Economics

Entstanden

  • 2011

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