Willingness to take risk depends on whether the risk affects others as well as oneself and on how the risk affects oneś … apparent whether the unfair safe social outcome benefits them or the other. Subjects are also more risk averse when facing … tendency to avoid social lotteries that impose a risk on the other. An attempt to reconcile those findings with standard models …

Recent theories of fairness (e.g., Bolton & Ockenfels, 2000; Fehr & Schmidt, 1999) have typically used the assumption … simple allocation problem known as dictator game, I find that attitude to fairness is systematically and intuitively related … to risk and risk attitude. Results from informal experiments support the model proposed here …

concerns and risk aversion. Mainly, the authors argue that behavioral factors (i.e., fairness concern and risk aversion) should … retailer have fairness concern; the second is both manufacturer and retailer have risk aversion and the final is manufacturer … theory. The results showthat fairness and risk aversion change the optimal pricing strategy, which affects the expected …

domains; these include risk aversion, locus of control, alongside socio-economic and demographic characteristics. A greater … aversion to income inequality predicts a lower probability of voting for Leave, even when controlling for risk aversion and …