Risk Taking and Risk Sharing: Does Responsibility Matter?
نویسندگان
چکیده
منابع مشابه
Diffusion of Responsibility and Level of Risk Taking in Groups.
This study reports evidence supporting the following propositions: (1) Group discussion and consensus concerning decisions that involve actual risk and payoffs lead to greater risk taking than occurs in the absence of such discussion and consensus. (2) The mechanism that underlies this group-induced shift toward greater risk taking consists of a diffusion or spreading of responsibility. Using r...
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In cross-national data on individual and country-level characteristics, the variance of log annual income is shown to correlate positively with indicators of redistribution. The database comes from the Panel Comparability (PACO) project, affiliated with the Luxembourg Income Study (LIS), a first effort to provide comparable panel data across a broad range of countries. Countries in the sample i...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2013
ISSN: 1556-5068
DOI: 10.2139/ssrn.2355085