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ON THE SOCIAL DIMENSION OF TIME AND RISK PREFERENCES: AN EXPERIMENTAL STUDY
- Article from:
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Economic Inquiry
- Article date:
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April 1, 2008
- Author:
- GÃ; ¼; th, Werner; Levati, M Vittoria; Ploner, Matteo
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Copyright informationCopyright Western Economic Association Apr 2008. Provided by ProQuest LLC. (Hide copyright information)
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When explaining risk taking, intertemporal allocation, and distributing behavior, economists rely on risk, time, and other-regarding preferences but offer no guidance on how these three crucial aspects are interrelated. We report on an experiment exploring such interrelation. For this sake, we compare evaluations of several prospects, each of which allocates certain or risky and immediate or delayed payoffs to the actor and to another participant. We find that individuals are self-oriented as to social allocation of risk and delay and other-regarding with respect to expected payoffs.
(JEL C91, D63, D81)
ABBREVIATIONS
AIC: Akaike Information Criterion
ECU: Experimental Currency Unit
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ELECTROPHILIC HALOGENATION OF nido-5,6-C^sub 2^B^sub 8^H^sub 12^
Collection of Czechoslovak Chemical Communications;
November 1, 2006 ;
Holub, Josef; Bakardjiev, Mario; Stíbr, Bohumil;
787 words
......of anhydrous AlCl^sub 3^ yielded a mixture of 7-Cl-5,6-C^sub 2^B^sub 8^H^sub 11^ (7-Cl-1) (yield 34%), 4-Cl-5,6-C^sub 2^B^sub 8^H^sub 11^ (4-Cl-1) (yield 20%), 3-Cl-5,6-C^sub 2^B^sub 8^H^sub 11^ (3-Cl-1) (yield 21%), and 3,4-Cl^sub ...
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POLYHEDRAL MONOCARBABORANE CHEMISTRY. FUNCTIONALITY AND ISOMERISM:...
Collection of Czechoslovak Chemical Communications;
November 1, 2005 ;
Bullen, Neil J; Kennedy, John D;
787 words
......presence of hydrated FeCl^sub 3^ gives [6-Ph-9-(NC^sub 5^H^sub 4^-2-NH^sub 2^)-arachno-6-CB^sub 9^H^sub 12^] (4) and thence [1-Ph-2-(NC^sub 5^H^sub 4^-2-NH^sub 2^)-closo-1-CB^sub 9^H^sub 8^] (5), in which the pyridine substituent is on a boron ...
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Solid-Solid Reactions in the Ca^sub 3^(AsO^sub 4^)^sub 2^-Ca^sub 2^SiO^sub...
Metallurgical and Materials Transactions;
February 1, 2006 ;
Coursol, P; Stubina, N M;
787 words
......present in the Ca^sub 2^SiO^sub 4^-Ca^sub 3^(AsO^sub 4^)^sub 2^ binary system and in the Ca^sub 2^SiO^sub 4^-Ca^sub 3^(AsO^sub 4^)2-CaSO^sub 4^-CaO system. A microanalysis study from slow-cooled samples suggests the presence of at least two intermediate...
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Modeling of the Solubilities of NiO/NiAl^sub 2^O^sub 4^ and FeO/FeAl^sub...
Metallurgical and Materials Transactions;
February 1, 2004 ;
Zhang, Yunshu; Wu, Xiaoxia; Rapp, Robert A;
787 words
......and the results confirmed existing literature values. The solubilities of NiAl^sub 2^O^sub 4^ and FeAl^sub 2^O^sub 4^ in Al^sub 2^O^sub 3^-saturated cryolite melts at 1300 K were modeled thermodynamically in terms of the Ni-containing complexes Na...
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Molecular Basis for the Dynamic Strength of the Integrin a^sub 4^B^sub...
Biophysical Journal;
November 1, 2004 ;
Zhang, Xiaohui; Craig, Susan E; Kirby, Hishani; Humphries, Martin J; Moy, Vincent T;
787 words
...ABSTRACT Intercellular adhesion mediated by integrin ?^sub 4^?^sub 1^ and vascular cell adhesion molecule-1 (VCAM-1) plays...leukocytes onto the vascular endothelium. Essential to the ?^sub 4^?^sub 1^/VCAM-1 interaction is its mechanical strength...
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Thermodynamics and Kinetics of the Formation of Al^sub 2^O^sub 3^/...
Metallurgical and Materials Transactions;
April 1, 2008 ;
Sreekumar, V M; Ravi, K R; Pillai, R M; Pai, B C; Chakraborty, M;
787 words
...The formation of Al^sub 2^O^sub 3^, MgAl^sub 2^O^sub 4^, and MgO has been widely studied in different Al base metal matrix composites, but the studies on thermodynamic aspects of the Al^sub 2^O^sub 3^/ MgAl^sub 2^O^sub 4^/MgO phase equilibria have...
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Routine Isotope-Dilution Liquid Chromatography-Tandem Mass Spectrometry...
Clinical Chemistry;
September 1, 2005 ;
Maunsell, Zoë; Wright, Dennis J; Rainbow, Sandra J;
787 words
...Background: Measurement of 25-hydroxyvitamin D^sub 2^ and D^sub 3^ (25-OH D^sub 2^ and D^sub 3^) is essential for investigating vitamin D deficiency. Competitive binding techniques are unable...
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A Direct Free Thyroxine (T^sub 4^) Immunoassay with the Characteristics of...
Clinical Chemistry;
May 1, 2007 ;
Fritz, Kristofer S; Wilcox, R Bruce; Nelson, Jerald C;
787 words
...Background: Direct free thyroxine (T^sub 4^) measurements have been linked to both T^sub 4^-binding serum protein concentrations and protein-bound T^sub 4^ concentrations. Whether this is evidence of a relationship to total T^sub 4^ concentrations...
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Existence of a Solid Solution between 3CaO . V^sub 2^O^sub 5^ and 3CaO ....
Metallurgical and Materials Transactions;
December 1, 2006 ;
Yu, Liang; Dong, Yuan-Chi; Li, Liaosha; Sichen, Du;
787 words
...In the present work, a solid solution of 3CaO . V^sub 2^O^sub 5^ and 3CaO . P2O5 was found below 1573 K. The solution could be described as 3CaO + xV^sub 2^O^sub 5^ + (1 - x) P^sub 2^O^sub 5^. The solid solutions...
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Quantitative characterization of the microstructure of two-phase TiB^sub...
Metallurgical and Materials Transactions;
November 1, 2003 ;
Ferranti, Louis Jr; Thadhani, Naresh N;
787 words
...Two-phase TiB^sub 2^ + Al^sub 2^O^sub 3^ ceramics with an interconnected or dispersed TiB^sub 2^ (minor)-phase microstructure can be produced by variations in processing parameters. A standard method of quantitative characterization of the microstructural...
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Technical Note: Vaginal Absorption of 1,25(OH)^sub 2^D^sub 3^ in Cattle
Journal of Dairy Science;
August 1, 2004 ;
Okura, N; Yamagishi, N; Naito, Y; Kanno, K; Koiwa, M;
787 words
...ABSTRACT Although exogenous 1,25-dihydroxyvitamin D^sub 3^ [1,25(OH)^sub 2^D^sub 3^] administered via intravenous, intramuscular, and oral routes has been tested for efficacy in preventing parturient...
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cis-Regulatory Elements for Mesophyll-Specific Gene Expression in the...
Plant Cell;
May 1, 2004 ;
Gowik, Udo; Burscheidt, Janet; Akyildiz, Meryem; Schlue, Ute; Et al;
787 words
...C^sub 4^ photosynthesis depends on the strict compartmentalization...mesophyll-specific expression of the gene encoding the C^sub 4^ isoform of phosphoenolpyruvate carboxylase (ppcA1) of the C^sub 4^ dicot Flaveria trinervia. To elucidate and understand...
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Thermal Stability, Glass-Formation Ability, and Mechanical Properties of...
Metallurgical and Materials Transactions;
August 1, 2008 ;
Jiang, F; Chen, G; Li, W L; Wang, Z H; Chen, G L;
787 words
...Bulk amorphous alloys of (Zr^sub 41.2^Ti^sub 13.8^Cu^sub 12.5^Ni^sub 10^Be^sub 22.5^)^sub 100-x^Nb^sub x^ with x = 0, 5, 11, and 13 were prepared by water quenching. Differential scanning calorimeter (DSC) analysis revealed that the addition of Nb...
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Mechanical Behaviors of Chromium- or Niobium-Modified Ni^sub 47.5^Al^sub...
Metallurgical and Materials Transactions;
January 1, 2006 ;
Tsau, Chun-Huei; Yeh, Jien-Wei; Jang, Jason Shian-Ching;
787 words
...The microstructure of the Ni^sub 47.5^Al^sub 25^Fe^sub 27.5^ alloy was modified by adding Cr or Nb to improve its tensile properties. Increasing the Cr content increased the volume fraction of the interdendritic regions and, subsequently, increased...
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A Reinvestigation of Phase Equilibria in the System Al^sub 2^O^sub...
Metallurgical and Materials Transactions;
April 1, 2005 ;
Hansson, Robert; Zhao, Baojun; Hayes, Peter C; Jak, Evgueni;
787 words
...The phase equilibria and liquidus temperatures in the binary SiO^sub 2^-ZnO system and in the ternary Al^sub 2^O^sub 3^-SiO^sub 2^-ZnO system at low Al^sub 2^O^sub 3^ concentrations have been experimentally determined...
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