Warm-glow refers to other-serving behavior that is valuable for the actor per se, apart from its social implications. We provide axiomatic foundations for warm-glow by viewing it as a form of preference for larger choice sets driven by one's desire for freedom to act selfishly. Specifically, an...

We compare the experimental results of three stag-hunt games. In contrast to Battalio et al.(2001), our design keeps the relative riskiness of the two strategies at a constant level as the optimisation premium is increased. Furthermore, we also test the effect of a decrease of the relative...

Prévention et précaution sont deux concepts bien différents, même si le premier peut être considéré comme un cas particulier du second lorsqu'aucune nouvelle information ne doit arriver dans le futur. Néanmoins, les deux concepts se rejoignent lorsqu'il s'agit d'envisager les problèmes...