Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/94236
Authors: 
Gazzillo, Steven
Sopher, Barry
Aktipis, Athena
Cronk, Lee
Year of Publication: 
2011
Series/Report no.: 
Working Papers, Department of Economics, Rutgers, The State University of New Jersey 2013-02
Abstract: 
Controversy exists about the act of giving as altruistic instead of self-interested behavior. Each side of this argument interprets similar results from similar experiments in diff erent ways. One side argues the results show that the appearance of altruistic behavior can be explained by self-interested motives. The other side argues these results are evidence of group selection,where a group member takes an action that is harmful to itself but benefi cial to the group. We consider this question using a novel approach. We create a rich experimental environment in which subjects have the ability to cooperate to improve the group's outcome by sharing their wealth in non-compulsory, non-enforceable risk-sharing arrangements. We find that average subject behavior appears to be motivated by self-interest more than group survival.
Subjects: 
risk sharing
experiment
resource management
risk sharing
experiment
resource management
JEL: 
C9
D8
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.