betrayal aversion for those who expect substantial contributions by others. This is consistent with their social risk taking in … optimistic ones typically contribute to the public good and thus take the social risk of being exploited. …

betrayal aversion for those who expect substantial contributions by others. This is consistent with their social risk taking in … optimistic ones typically contribute to the public good and thus take the social risk of being exploited. …

betrayal aversion for those who expect substantial contributions by others. This is consistent with their social risk taking in … optimistic ones typically contribute to the public good and thus take the social risk of being exploited. …

group of players who either go for the risk dominant equilibrium or act in a boundedly rational manner. This heterogeneity …

betrayal aversion for those who expect substantial contributions by others. This is consistent with their social risk taking in … optimistic ones typically contribute to the public good and thus take the social risk of being exploited …

betrayal aversion for those who expect substantial contributions by others. This is consistent with their social risk taking in … optimistic ones typically contribute to the public good and thus take the social risk of being exploited …

prediction, randomization significantly reduces the elicited information in our experiment. …

role of learning and risk aversion. It bridges two strands of literature: one focused on the role learning for the success … of IEA formation when countries are risk neutral and another that explores the implications of uncertainty and risk … aversion on IEA formation under no learning. Combining learning and risk aversion seems appropriate as the uncertainties …

terms of social and risk preferences. We modelize preferences according to the inequity aversion model of Fehr and Schmidt … (1999) and to the assumption of constant relative risk aversion. Risk aversion is significantly and negatively correlated …