Are Decisions Made by Group Representatives More Risk Averse? The Effect of Sense of Responsibility

We tested the hypothesis that a sense of responsibility drives group representatives' decisions to be more risk averse compared with decisions made by individuals. The hypothesis was supported when the monetary considerations (i.e., payoff inequality and the magnitude effect) were controlled fo...

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Veröffentlicht in:Journal of behavioral decision making 2018-07, Vol.31 (3), p.311-323
Hauptverfasser: Wang, Zuo‐Jun, Kuang, Yi, Tang, Hui‐Yi, Gao, Cong, Chen, Ai, Chan, Kai Qin
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Sprache:eng
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