Resource title

Let me see you!: video experiment on the social dimension of risk preferences

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Resource description

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 unidentiiable others. In this paper, we report on an experiment designed to explore whether rendering the other identiiable ¡ 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.

Resource author

Werner Güth, Maria Vittoria Levati, Matteo Ploner

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Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/25580

Resource license

Adapt according to the presented license agreement and reference the original author.