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Group preferences over social risk: does (group) size matter?

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  • Morone, Andrea
  • Temerario, Tiziana

Abstract

In this paper, we first replicated Harrison et al. (2012). Then, we studied if the group’s size has an impact on group’s risk aversion. In line with Harrison et al. (2012), our results confirm that no significant differences occur between individuals and groups risk aversion in three-person group. We also found that group size does not affect the level of risk aversion.

Suggested Citation

  • Morone, Andrea & Temerario, Tiziana, 2016. "Group preferences over social risk: does (group) size matter?," MPRA Paper 74949, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:74949
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    File URL: https://mpra.ub.uni-muenchen.de/74949/1/MPRA_paper_74949.pdf
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    References listed on IDEAS

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    7. Ambrus, Attila & Greiner, Ben & Pathak, Parag A., 2015. "How individual preferences are aggregated in groups: An experimental study," Journal of Public Economics, Elsevier, vol. 129(C), pages 1-13.
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    Cited by:

    1. Lamiraud, Karine & Vranceanu, Radu, 2018. "Group gender composition and economic decision-making: Evidence from the Kallystée business game," Journal of Economic Behavior & Organization, Elsevier, vol. 145(C), pages 294-305.

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    More about this item

    Keywords

    Preferences; Risk attitude; Laboratory; Majority Rule;
    All these keywords.

    JEL classification:

    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles

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