Brennan, Geoffrey; González Morales, Luis G.; Güth, Werner - Max-Planck-Institut für Ökonomik <Jena> - Abteilung …
Idiosyncratic risk attitudes are usually assumed to be commonly knownand restricted to own payos. However, the alternatives faced by a decisionmaker often involve risks for others' payos as well. Motivated by theimportance of other-regarding preferences in social interactions, this paperexplores...