The role of responsibility in strategic risk-taking

被引:101
|
作者
Charness, Gary [1 ]
Jackson, Matthew O. [2 ]
机构
[1] Univ Calif Santa Barbara, Dept Econ, Santa Barbara, CA 93106 USA
[2] Stanford Univ, Dept Econ, Stanford, CA 94305 USA
关键词
Equilibrium selection; Responsibility; Risk-taking; CONSENT; GAMES;
D O I
10.1016/j.jebo.2008.10.006
中图分类号
F [经济];
学科分类号
02 ;
摘要
We explore play between groups where one member of each 2-person group dictates the play of that group and is therefore responsible for the payoff of the other group member. We compare this to play when the game is the same, but each person is playing only for herself Consistent with the principle of responsibility-alleviation described by Charness [Charness, G., 2000. Responsibility and effort in an experimental labor market. journal of Economic Behavior and Organization 42, 375-384], we find that a sense of responsibility for the welfare of others has an effect. While the issue of responsibility does not appear to influence the decisions of 2/3 of the population, almost 90 percent of the remaining 1/3 of the population plays a less risky strategy when choosing for a group than when playing only for herself. (C) 2008 Elsevier B.V. All rights reserved.
引用
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页码:241 / 247
页数:7
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