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We investigate whether there is a link between conditional cooperation and betrayal aversion. We use a public goods … 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. …
Persistent link: https://www.econbiz.de/10011308480
We investigate whether there is a link between conditional cooperation and betrayal aversion. We use a public goods … 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. …
Persistent link: https://www.econbiz.de/10011298544
We investigate whether there is a link between conditional cooperation and betrayal aversion. We use a public goods … 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. …
Persistent link: https://www.econbiz.de/10011300140
We investigate whether there is a link between conditional cooperation and betrayal aversion. We use a public goods … 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 …
Persistent link: https://www.econbiz.de/10013018458
We investigate whether there is a link between conditional cooperation and betrayal aversion. We use a public goods … 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 …
Persistent link: https://www.econbiz.de/10013016245
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
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 … taking into account the order of agents' play to correctly understand which type of preferences influences cooperation in …
Persistent link: https://www.econbiz.de/10013150878
Persistent link: https://www.econbiz.de/10011924847
substitutes. The theoretical basis for our experiment is the model of Bramoullé and Kranton (2007). As predicted, we find that …, but not by individualsʼ risk attitudes. Apparently, the global and the local structure of a network does not leave much … explanatory room for individual effects that pertain to risk taking. …
Persistent link: https://www.econbiz.de/10011049842
In this paper we study the effects that loss contracts - prepayments that can be clawbacked later - have on group coordination when there is strategic uncertainty. We compare the choices made by experimental subjects in a minimum effort game. In control sessions, incentives are formulated as a...
Persistent link: https://www.econbiz.de/10012285502