On the Social Dimension of Time and Risk Preferences: An Experimental Study.
When explaining risk taking, intertemporal allocation, and distributing behavior, economists rely on risk, time, and other-regarding preferences but offer no guidance on how these three crucial aspects are interrelated. We report on an experiment exploring such interrelation. For this sake, we compa...
| Publicado en: | Economic Inquiry Vol. 46; no. 2; pp. 261 - 273 |
|---|---|
| Autores principales: | , , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
April 2008
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=510784744&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 510784744 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00952583 EIQ jtl: Economic Inquiry issn: 00952583 maglogo: N pubinfo: dt: April 2008 vid: 46 iid: 2 pid: 480 pub: Wiley-Blackwell artinfo: ui: 510784744 10.1111/j.1465-7295.2007.00067.x ppf: 261 ppct: 12 formats: fmt: – @attributes: type: T – @attributes: type: P size: 940KB tig: atl: On the Social Dimension of Time and Risk Preferences: An Experimental Study. aug: au: Güth, Werner Levati, M. Vittoria Ploner, Matteo su: Experimental economics Risk -- Mathematical models Time & economic reactions sug: subj: Experimental economics Risk -- Mathematical models Time & economic reactions ab: When explaining risk taking, intertemporal allocation, and distributing behavior, economists rely on risk, time, and other-regarding preferences but offer no guidance on how these three crucial aspects are interrelated. We report on an experiment exploring such interrelation. For this sake, we compare evaluations of several prospects, each of which allocates certain or risky and immediate or delayed payoffs to the actor and to another participant. We find that individuals are self-oriented as to social allocation of risk and delay and other-regarding with respect to expected payoffs. (JEL C91, D63, D81) Reprinted by permission of the publisher. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
|---|