Risk-Aversion or Ethical Responsibility?

Risk Aversion or Myopia?

We study how decision makers choose when faced with multiple plays of a gamble or investment. When evaluating multiple plays of a simple mixed gamble, a chance to win x or lose y, subjects show a sensitivity to the amount to lose on a single trial, holding the distribution of returns for the portfolio constant; that is, they display “myopic loss aversion.” Many subjects who decline multiple pla...

Behind the Veil of Ignorance: Risk Aversion or Inequality Aversion?

This paper successfully decomposes risk attitude and social preference behind the veil of ignorance. Using a novel experiment wherein subjects move graphically along a slider to divide a pie of money between high and low reward in both lottery and VoI treatments, we are able to collect rich data sets at individual level. We check individual preference characteristics including consistency and h...

Policy on the ethical responsibility to treat or refer.

Is it lie aversion , risk - aversion or tax audit aversion ? Modeling deception under risk and no risk

We studied deceptive decision making in hypothetical scenarios that involved risk of being caught of deceiving, or a penalty after being caught of deceiving, or both. We found that the deception rate was the lowest in the scenarios involving both the risk and the penalty. Our hierarchical model for deception suggests that in balancing the possible benefits from deception, the personal discomfor...

Social and Ethical Responsibility against Social Determinism

Background: Because of the highlighted role of ethical responsibility in social and individual life, it is looked as an important issue in ethics area. Social responsibility that is defined as a sub-factor of ethical responsibility will have such an important place. What is discussed in responsibility discussions commonly is the “human will”. Responsibility is more based on the free will. In th...