Risk-taking for others under accountability

C-Tier
Journal: Economics Letters
Year: 2012
Volume: 114
Issue: 1
Pages: 102-105

Authors (3)

Pahlke, Julius (not in RePEc) Strasser, Sebastian (not in RePEc) Vieider, Ferdinand M. (Universiteit Gent)

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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.

Technical Details

RePEc Handle
repec:eee:ecolet:v:114:y:2012:i:1:p:102-105
Journal Field
General
Author Count
3
Added to Database
2026-01-29