Individual and Group Behaviour Toward Risk: A Short Survey

Tiziana Temerario ()

MPRA Paper from University Library of Munich, Germany

Abstract: In the real life groups, rather than individuals, take the most part of decisions. So that it is useful to study how groups take a decision in different strategic environments. This paper provides an overview of previous research about groups’ preferences over risk. I compare different experimental designs and examine their different results, focusing on how groups reach agreement in risky choices, compared with individuals.

Keywords: Risk attitude; preferences; uncertainty; pairwise choice; review; groups (search for similar items in EconPapers)
JEL-codes: C91 C92 D81 (search for similar items in EconPapers)
Date: 2014-08
New Economics Papers: this item is included in nep-cbe, nep-cdm, nep-exp and nep-upt
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:58079

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