Arbeitspapier

The social costs of responsibility

We use an experimental lottery choice task and public goods game to examine if responsibility for the financial welfare of others affects decisionmaking behaviour in two different types of decision environments. We find no evidence that responsibility affects individual risk preferences. Responsibility does, however, crowd-out cooperation in a public goods game.

Language
Englisch

Bibliographic citation
Series: CeDEx Discussion Paper Series ; No. 2011-02

Classification
Wirtschaft
Noncooperative Games
Design of Experiments: Laboratory, Individual
Conflict; Conflict Resolution; Alliances; Revolutions
Public Goods
Subject
responsibility
risk attitudes
social preferences
public goods game

Event
Geistige Schöpfung
(who)
Humphrey, Steven J.
Renner, Elke
Event
Veröffentlichung
(who)
The University of Nottingham, Centre for Decision Research and Experimental Economics (CeDEx)
(where)
Nottingham
(when)
2011

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Humphrey, Steven J.
  • Renner, Elke
  • The University of Nottingham, Centre for Decision Research and Experimental Economics (CeDEx)

Time of origin

  • 2011

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