cases, we find that altruism lowers risk aversion. The specific case in which the utility functions of the benefactor and of …The purpose of this paper is to provide a general proposition of the relationship between altruism and risk taking. As … generalization of a preliminary result reported in Stark (2024). In a broad utility framework, we study the risk aversion of an …

cases, we find that altruism lowers risk aversion. The specific case in which the utility functions of the benefactor and of …The purpose of this paper is to provide a general proposition of the relationship between altruism and risk taking. As … generalization of a preliminary result reported in Stark (2024). In a broad utility framework, we study the risk aversion of an …

incorporating (the level of) absolute wealth in the individual’s utility function. …

incorporating (the level of) absolute wealth in the individual's utility function. …

study is needed because it is unclear how altruism influences the inclination of an altruistic person to take risks. Will … this person's risk-taking behavior differ if the utility of another person does not enter his utility function? Does being … ability to make altruistic transfers? Or does altruism induce a person to resort to risky behavior because the reward for a …

study is needed because it is unclear how altruism influences the inclination of an altruistic person to take risks. Will … this person's risk-taking behavior differ if the utility of another person does not enter his utility function? Does being … ability to make altruistic transfers? Or does altruism induce a person to resort to risky behavior because the reward for a …