Universität zu Köln

Bolton, Gary E., Feldhaus, Christoph and Ockenfels, Axel ORCID: 0000-0003-1456-0191 (2016). Social Interaction Promotes Risk Taking in a Stag Hunt Game. Ger. Econ. Rev., 17 (3). S. 409 - 424. HOBOKEN: WILEY-BLACKWELL. ISSN 1468-0475

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Abstract

We demonstrate that people are more willing to take risks in a stag hunt game when the agent of uncertainty is another person, thereby promoting cooperation. Recent social cognition research suggests an explanation for this pattern, which is based on the idea that games that align interests between subjects activate a trust mindset.

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Bolton, Gary E. UNSPECIFIED UNSPECIFIED UNSPECIFIED Feldhaus, Christoph UNSPECIFIED UNSPECIFIED UNSPECIFIED Ockenfels, Axel UNSPECIFIED orcid.org/0000-0003-1456-0191 UNSPECIFIED
URN:	urn:nbn:de:hbz:38-268349
DOI:	10.1111/geer.12095
Journal or Publication Title:	Ger. Econ. Rev.
Volume:	17
Number:	3
Page Range:	S. 409 - 424
Date:	2016
Publisher:	WILEY-BLACKWELL
Place of Publication:	HOBOKEN
ISSN:	1468-0475
Language:	English
Faculty:	Faculty of Management, Economy and Social Sciences
Divisions:	Faculty of Management, Economics and Social Sciences > Economics > Macroeconomic, Financial and Economic Policy > Professur für Economics, Design and Behavior Center of Excellence C-SEB
Subjects:	Economics
Uncontrolled Keywords:	Keywords Language COORDINATION GAMES; BETRAYAL AVERSION; TRUST; DISTRUST; SIMILARITY; AVOIDANCE; SELECTION; FAILURE; WORDS Multiple languages Economics Multiple languages
Refereed:	Yes
URI:	http://kups.ub.uni-koeln.de/id/eprint/26834