Risk-Averse and Self-Interested Shifts in Groups in Both Median and Random Rules

The purpose of this study was to determine whether attitudes toward risk and altruism are affected by being in a group or being alone. In contrast to previous economic research on group decision-making, we excluded the effects of group informal discussions, which are thought to be a “black box” when...

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Bibliographic Details
Main Authors: Yoshio Kamijo, Teruyuki Tamura
Format: Article
Language:English
Published: MDPI AG 2023-02-01
Series:Games
Subjects:
Online Access:https://www.mdpi.com/2073-4336/14/1/16