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The social costs of responsibility

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  • Steven J. Humphrey

    ()
    (Fachbereich Wirtschaftwissenschaften, Universitaet Osnabrueck)

  • Elke Renner

    ()
    (School of Economics, University of Nottingham)

Abstract

We use an experimental lottery choice task and public goods game to examine if responsibility for the financial welfare of others affects decisionmaking behaviour in two different types of decision environments. We find no evidence that responsibility affects individual risk preferences. Responsibility does, however, crowd-out cooperation in a public goods game.

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Bibliographic Info

Paper provided by The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham in its series Discussion Papers with number 2011-02.

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Date of creation: Feb 2011
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Handle: RePEc:cdx:dpaper:2011-02

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Keywords: responsibility; risk attitudes; social preferences; public goods game;

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  1. Families against the Big Society
    by chris dillow in Stumbling and Mumbling on 2011-03-08 13:33:49

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