Showing 1 - 10 of 9,147
We explore how risk-taking in the card game contract bridge, and in a financial gamble, correlate with variation in the … dopamine receptor D4 gene (DRD4) among serious tournament bridge players. In bridge risk-taking, we find significant … does not predict risk-taking among men without the 7R allele. Consistent with some prior studies, we also find that 7R men …
Persistent link: https://www.econbiz.de/10014193647
laboratory experiment. By incorporating risk as an external random variable in the PGG, independent of the participants … pandemics, stock market collapses, and terror attacks, pose a risk that could undermine cooperation. We extend the public goods … actual risk constant. Our experimental results reveal that extreme risks indeed decrease contributions on average by about 20 …
Persistent link: https://www.econbiz.de/10014344520
We compare behavior in modified dictator games with and without role uncertainty. Subjects choose between a selfish action, a costly surplus creating action (altruistic behavior) and a costly surplus destroying action (spiteful behavior). While costly surplus creating actions are most frequent...
Persistent link: https://www.econbiz.de/10013158398
Willingness to take risk depends on whether the risk affects others as well as oneself and on how the risk affects oneś … position vis-á-vis others. Taking a bet can improve oneś position relative to others or threaten it. We present an experiment … apparent whether the unfair safe social outcome benefits them or the other. Subjects are also more risk averse when facing …
Persistent link: https://www.econbiz.de/10009784058
I experimentally examine whether feedback about others' choices provides an anchor for decision-making under ambiguity. In a between-subjects design I vary whether subjects learn choices made individually by a "peer" in a first part when facing the same task a second time, and whether prospects...
Persistent link: https://www.econbiz.de/10010364762
risk. Furthermore, we determine whether subjects are averse to collective risk - the variability in the sum of payoffs of … the other. The first presentation draws attention to inequality in payoffs, the second to collective risk. We find that … risk changes choice only marginally and not significantly, though in the direction of collective risk reduction. We …
Persistent link: https://www.econbiz.de/10011476573
an experiment we find that, to the contrary, under most specifications of uncertainty, dictators give more, compared with …
Persistent link: https://www.econbiz.de/10011349370
of punishment. This paper presents the first controlled experiment to study a third important factor that has been mainly …
Persistent link: https://www.econbiz.de/10012171815
of punishment. This paper presents the first controlled experiment to study a third important factor that has been mainly …
Persistent link: https://www.econbiz.de/10012438420
We conduct laboratory experiments to investigate the effects of deterrence mechanisms under controlled conditions. The effect of the expected cost of punishment of an individual's decision to engage in a proscribed activity and the effect of uncertainty on an individual's decision to commit a...
Persistent link: https://www.econbiz.de/10014209375