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Is allocation affected by the perception of others' irresponsible behavior and by ambiguity?
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Safra, Zvi, Ma, Sinong and Melkonyan, Tigran A. (2019) Is allocation affected by the perception of others' irresponsible behavior and by ambiguity? Risk Analysis, 39 (10). pp. 2182-2196. doi:10.1111/risa.13319 ISSN 0272-4332.
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Official URL: http://doi.org/10.1111/risa.13319
Abstract
The article examines how the perception of others' irresponsible behavior and ambiguity regarding probabilities affect allocation among potential beneficiaries. To elicit these views, we conducted a survey where the participants were first asked to make an allocation of a fixed sum of money between a hereditary cancer, where chance plays a central role, and a lifestyle‐related cancer, where individual lifestyle decisions are more important. Our estimation results show that a substantial share of the respondents allocate significantly more to the hereditary cancer. This may indicate that these respondents care about others' irresponsible behavior. Then, we elicited perceptions of cancer hazards in the form of imprecise probabilities and examined the interplay between allocating behavior and risk perceptions. Finally, we investigated the effects of various socioeconomic characteristics, and of awareness of highly publicized cancer cases, on respondents' allocations.
| Item Type: | Journal Article | ||||||
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| Subjects: | H Social Sciences > HG Finance R Medicine > RC Internal medicine |
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| Divisions: | Faculty of Social Sciences > Warwick Business School > Behavioural Science Faculty of Social Sciences > Warwick Business School Faculty of Science, Engineering and Medicine > Engineering > WMG (Formerly the Warwick Manufacturing Group) |
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| Library of Congress Subject Headings (LCSH): | Persons -- Charitable contributions -- Psychological aspects, Cancer -- Risk factors | ||||||
| Journal or Publication Title: | Risk Analysis | ||||||
| Publisher: | Wiley-Blackwell Publishing Ltd. | ||||||
| ISSN: | 0272-4332 | ||||||
| Official Date: | 29 April 2019 | ||||||
| Dates: |
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| Volume: | 39 | ||||||
| Number: | 10 | ||||||
| Page Range: | pp. 2182-2196 | ||||||
| DOI: | 10.1111/risa.13319 | ||||||
| Status: | Peer Reviewed | ||||||
| Publication Status: | Published | ||||||
| Reuse Statement (publisher, data, author rights): | This is the peer reviewed version of the following article:Safra, Z. , Ma, S. and Melkonyan, T. (2019), Is Allocation Affected by the Perception of Others' Irresponsible Behavior and by Ambiguity?. Risk Analysis. which has been published in final form at https://doi.org/10.1111/risa.13319 This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions. | ||||||
| Access rights to Published version: | Restricted or Subscription Access | ||||||
| Date of first compliant deposit: | 12 March 2019 | ||||||
| Date of first compliant Open Access: | 29 April 2021 | ||||||
| Related URLs: |
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