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Dictating the risk: Comment

Author

Listed:
  • Michal Wiktor Krawczyk

    (University of Warsaw. Department of economics. - University of Warsaw. Department of economics. - Department of economics, university of Warsaw.)

  • Fabrice Le Lec

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

Abstract

Based on experimental Dictator Games with probabilistic prospects, Brock, Lange, and Ozbay (2013) conclude that neither ex post nor ex ante comparisons can fully account for observed behavior. We argue that their conclusion that ex ante comparisons cannot explain the data is at best weakly supported by their results, and do so on three grounds: the absence of significant differences between the most relevant treatments, the implicit assumption of subjects' risk neutrality, and the asymmetry of treatments regarding the disclosure of dictators' choice.

Suggested Citation

  • Michal Wiktor Krawczyk & Fabrice Le Lec, 2016. "Dictating the risk: Comment," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00979631, HAL.
    • Handle: RePEc:hal:cesptp:hal-00979631
    DOI: 10.1257/aer.20130779
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    Cited by:

    1. Dan Anderberg & Karlijn Marsink, 2019. "The introduction of formal insurance and its effect on redistribution," CESifo Working Paper Series 7596, CESifo.
    2. Zheng, Jiakun & Couprie, Helene & Hopfensitz, Astrid, 2022. "Collective risk taking by couples: individual vs household risk," MPRA Paper 116537, University Library of Munich, Germany.
    3. Vincent Théroude & Adam Zylbersztejn, 2017. "Cooperation in a risky world," Working Papers halshs-01443917, HAL.
    4. Freundt, Jana & Lange, Andreas, 2017. "On the determinants of giving under risk," Journal of Economic Behavior & Organization, Elsevier, vol. 142(C), pages 24-31.
    5. Qiyan Ong & Jianying Qiu, 2023. "Paying for randomization and indecisiveness," Journal of Risk and Uncertainty, Springer, vol. 67(1), pages 45-72, August.
    6. Vincent Théroude & Adam Zylbersztejn, 2017. "Cooperation in a risky world," Working Papers 1704, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.

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