Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/49703
Authors: 
Humphrey, Steven J.
Renner, Elke
Year of Publication: 
2011
Series/Report no.: 
CeDEx discussion paper series 2011-02
Abstract: 
We use an experimental lottery choice task and public goods game to examine if responsibility for the financial welfare of others affects decisionmaking behaviour in two different types of decision environments. We find no evidence that responsibility affects individual risk preferences. Responsibility does, however, crowd-out cooperation in a public goods game.
Subjects: 
responsibility
risk attitudes
social preferences
public goods game
JEL: 
C72
C91
D74
H41
Document Type: 
Working Paper

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