oaioai:centaur.reading.ac.uk:46527

Risk-taking for others under accountability

Authors
Publication date
2 October 2011
Publisher
Elsevier
Doi

    Abstract

    We let subjects take risky decisions that affect themselves and a passive recipient. Adding a requirement to justify their choices significantly reduces loss aversion. This indicates that such an accountability mechanism may be effective at debiasing loss aversion in agency relations

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      Central Archive at the University of Reading

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      This paper was published in Central Archive at the University of Reading.

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