- A-Z
- Jena Economics Rese...
- Volume 1
- Let Me See You! A V...
- Author
- published
- Fri Apr 20 2007
- Number of discussion paper
-
2007-005
- keyword(s)
-
identifiability
other-regarding concerns
Risk attitudes
- abstract
-
Previous studies have shown that decision makers are less other-regarding when their own payoff is risky than when it is sure. Empirical observations also indicate that people care more about identifiable than unidentifiable others. In this paper, we report on an experiment designed to explore whether rendering the other identifiable - via a short speechless video - can affect the relation between other-regarding concerns and attitudes toward social risk. For this sake, we elicit risk attitudes under two treatments differing in whether the actor can see the other or not. We find that seeing the other does not affect behavior significantly: regardless of the treatment, individuals are mainly self-oriented as to social allocation of risk, though they are other-regarding with respect to expected payoff levels.
- article pub. typess JER
- Research article
- article languages JER
- Englisch
- article research fields JER
- experimental economics
- JEL-Classification for JER
- C90 - General ; D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; D81 - Criteria for Decision-Making under Risk and Uncertainty
- URN
- urn:nbn:de:urmel-7d4c6f7f-15e9-43a1-8e0a-d9e8c8db67fa0-00019857-18