幸运
秩(图论)
经济
心理学
精算学
数学
哲学
神学
组合数学
作者
Sebastian Krull,Matthias Pelster,Petra Steinorth
标识
DOI:10.1016/j.jbef.2024.100924
摘要
Social comparisons and rank-based endowments impact risk-taking decisions. We provide experimental evidence indicating that rank-based endowments have differential impacts on risk-taking decisions based on the aspect used to rank individuals. We observe the largest rank-based differences when such endowments are determined based on individuals' effort or skill. Compared to individuals who rank first, individuals who rank last in these settings increase their risk-taking by, on average, 17.55 percentage points (pp). In the case of luck-based endowments, the effect size is significantly smaller (11.34 pp). We conduct an additional treatment where rank and endowment are independent and find that differences in risk-taking are driven mainly by participants' endowments rather than by the ranking itself.
科研通智能强力驱动
Strongly Powered by AbleSci AI