Arbeitspapier | Working paper

Responsibility effects in decision making under risk

to related objects

We explore situations in which a decision-maker bears responsibility for somebody else's outcomes as well as for her own. For gains we confirm the intuition that being responsible for somebody else's payoffs increases risk aversion, while in the loss domain we find increased risk seeking. In a second experiment we replicate the finding of increased risk aversion for large probabilities of a gain, while for small probability gains we find an increase of risk seeking under conditions of responsibility. This discredits hypotheses of a cautious shift under responsibility, and indicates an accentuation of the fourfold pattern of risk attitudes usually found for individual choices. (author's abstract)

Extent: Seite(n): 33

Language: Englisch

Notes: Status: Veröffentlichungsversion; begutachtet

Bibliographic citation: Discussion Papers / Wissenschaftszentrum Berlin für Sozialforschung, Forschungsschwerpunkt Markt und Entscheidung, WZB-Nachwuchsgruppe Risiko und Entwicklung (SP II 2012-402)

Subject: Soziologie, Anthropologie
Allgemeine Soziologie, Makrosoziologie, spezielle Theorien und Schulen, Entwicklung und Geschichte der Soziologie
Wirtschaftssoziologie
soziale Norm
Risikoverhalten
Verantwortung
Entscheidung
Entscheidungsfindung
Risikoabschätzung

Event: Geistige Schöpfung

(who): Pahlke, Julius
Strasser, Sebastian
Vieider, Ferdinand M.

Event: Veröffentlichung

(who): Wissenschaftszentrum Berlin für Sozialforschung gGmbH

(where): Deutschland, Berlin

(when): 2012

Handle: http://hdl.handle.net/10419/71135

Last update: 21.06.2024, 4:26 PM CEST

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Object type

Arbeitspapier

Associated

Pahlke, Julius
Strasser, Sebastian
Vieider, Ferdinand M.
Wissenschaftszentrum Berlin für Sozialforschung gGmbH

Time of origin

2012

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