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Dictating the Risk: Experimental Evidence on Giving in Risky Environments: Reply

Author

Listed:
  • J. Michelle Brock
  • Andreas Lange
  • Erkut Y. Ozbay

Abstract

In Brock, Lange, and Ozbay (2013), we experimentally investigate social preferences under risk. One of our conclusions is that a social preference model incorporating both ex ante and ex post fairness concerns may best describe behavior. Krawczyk and Le Lec (2016 ) argue that ex ante comparisons alone may account for our data. We address their points in this reply. (JEL C72, D63, D64, D81)

Suggested Citation

  • J. Michelle Brock & Andreas Lange & Erkut Y. Ozbay, 2016. "Dictating the Risk: Experimental Evidence on Giving in Risky Environments: Reply," American Economic Review, American Economic Association, vol. 106(3), pages 840-842, March.
    • Handle: RePEc:aea:aecrev:v:106:y:2016:i:3:p:840-42
    Note: DOI: 10.1257/aer.20141017
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    References listed on IDEAS

    as
    1. Michal Krawczyk & Fabrice Le Lec, 2016. "Dictating the Risk: Experimental Evidence on Giving in Risky Environments: Comment," American Economic Review, American Economic Association, vol. 106(3), pages 836-839, March.
    2. Jason Dana & Roberto Weber & Jason Kuang, 2007. "Exploiting moral wiggle room: experiments demonstrating an illusory preference for fairness," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 33(1), pages 67-80, October.
    3. J. Michelle Brock & Andreas Lange & Erkut Y. Ozbay, 2013. "Dictating the Risk: Experimental Evidence on Giving in Risky Environments," American Economic Review, American Economic Association, vol. 103(1), pages 415-437, February.
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    Cited by:

    1. Anastasios Koukoumelis & Maria Vittoria Levati & Chiara Nardi, 2021. "Social and Moral Distance in Risky Settings," Working Papers 13/2021, University of Verona, Department of Economics.
    2. Sean Fahle & Santiago I. Sautua, 2021. "How do risk attitudes affect pro-social behavior? Theory and experiment," Theory and Decision, Springer, vol. 91(1), pages 101-122, July.
    3. Freundt, Jana & Lange, Andreas, 2017. "On the determinants of giving under risk," Journal of Economic Behavior & Organization, Elsevier, vol. 142(C), pages 24-31.

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    More about this item

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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