| Creators: |
Luzuriaga, Miguel |
| Title: |
Taking risk with other people’s money: Does information about the others matter? |
| Item Type: |
Article or issue of a publication series |
| Projects: |
ILR |
| Journal or Series Title: |
Review of Behavioral Economics |
| Page Range: |
pp. 107-133 |
| Date: |
2017 |
| Divisions: |
Wirtschaftswissenschaften |
| Abstract (ENG): |
This paper experimentally investigates how people take risk with other people’s money, and specifically, whether risk-taking is biased due to the information about others. Before taking risk on behalf of another person, subjects get information about the other person’s gender and self-reported level of extroversion. Information about gender has a surprisingly small effect, and matters more for risk-taking on behalf of own money than for risk-taking on behalf of others. Extroversion, however, has a significant effect. Here it matters more for risk-taking on behalf of others than on behalf of own. I also find that the general belief about how others take risk with other people’s money and the own risk preferences have a strong effect on risk taking on behalf of others. |
| Forthcoming: |
No |
| Language: |
English |
| Uncontrolled Keywords: |
Gender, Risk, Experiments |
| Link eMedia: |
Download |
| Citation: |
Luzuriaga, Miguel
(2017)
Taking risk with other people’s money: Does information about the others matter?
Review of Behavioral Economics, 4 (2).
pp. 107-133.
ISSN 2326-6201
|
