Arbeitspapier

The effect of identifiability on the relationship between risk attitudes and other-regarding concerns

Previous studies have shown that other-regarding concerns are weakened under risky situations. Daily experience also suggests that people care more about an identifiable than about an unidentifiable third person. We report on an experiment designed to explore whether rendering the other identifiable - via a speechless video and the revelation of personal information - affects the relationship between other-regarding concerns and risk preferences when there is risk to one´s own and/or the other´s payoff. We find that the acquisition of information about the other has no effect on behavior. Regardless of the treatment, most of the participants are other-regarding with respect to expected payoff but self-oriented with respect to risk allocation.

Sprache
Englisch

Erschienen in
Series: Jena Economic Research Papers ; No. 2013-028

Klassifikation
Wirtschaft
Design of Experiments: General
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Criteria for Decision-Making under Risk and Uncertainty
Thema
identifiability
other-regarding concerns
risk attitudes

Ereignis
Geistige Schöpfung
(wer)
Koukoumelis, Anastasios
Levati, M. Vittoria
Ploner, Matteo
Ereignis
Veröffentlichung
(wer)
Friedrich Schiller University Jena and Max Planck Institute of Economics
(wo)
Jena
(wann)
2013

Handle
Letzte Aktualisierung
10.03.2025, 11:41 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

  • Koukoumelis, Anastasios
  • Levati, M. Vittoria
  • Ploner, Matteo
  • Friedrich Schiller University Jena and Max Planck Institute of Economics

Entstanden

  • 2013

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