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We report experimental evidence on the effects of social preferences on intertemporal decisions. To this aim, we set up an intertemporal Dictator Game and investigate whether (and how) subjects change theirchoices, compared with those they had taken in absence of any payoff externality in a...
Persistent link: https://www.econbiz.de/10010933263
We study a model in which risk-averse consumers obtain mutual insurance by participating voluntarily in pools. More precisely, consumers commit to contributing a fraction of their future uncertain endowment to a common pool. In exchange, they gain the right to receive a share of the total return...
Persistent link: https://www.econbiz.de/10005731368