CeDEx
Centre for Decision Research and Experimental Economics

CeDEx workshop - Elke Renner (CeDEx)

Date(s)
Wednesday 2nd February 2011 (14:00-15:00)
Description

The social costs of responsibility

We use an experimental lottery choice task and public goods game to examine if responsibility for the financial welfare of others affects decision-makers choices in two different types of environments. We find that responsibility crowds-out cooperation in a public goods game, but only if the decision-maker and their dependant are social tied. We find no evidence that responsibility affects individual risk preferences. 

Centre for Decision Research and Experimental Economics

Sir Clive Granger Building
University of Nottingham
University Park
Nottingham, NG7 2RD

telephone: +44 (0)115 951 5458
Enquiries: jose.guinotsaporta@nottingham.ac.uk
Experiments: cedex@nottingham.ac.uk