Conflicting risk attitudes

Lahno, Amrei, Serra-Garcia, Marta, D'Exelle, Ben and Verschoor, Arjan (2015) Conflicting risk attitudes. Journal of Economic Behavior and Organization, 118. 136–149. ISSN 0167-2681

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Abstract

This paper examines whether differences in individual risk attitudes are related to interpersonal conflict. In more than thirty villages of rural Uganda, we conduct a social survey to document social links between pairs of individuals within a village, and separately elicit individual risk attitudes using an incentivized task. Our findings reveal that the difference in risk attitudes between two individuals is significantly and positively related to the presence of interpersonal conflict between them. This relationship is particularly strong among kin. By contrast, the strength of risk aversion per se is not related to conflict. Further, we conduct simulations that suggest that the relationship cannot be solely explained by diverging attitudes after the severing of social ties as a result of interpersonal conflict.

Item Type:	Article
Additional Information:	Published under a Creative Commons Attribution 4.0 International licence.
Uncontrolled Keywords:	decision making under risk,networks,conflicts,development economics,experiment,survey
Faculty \ School:	Faculty of Social Sciences > School of Global Development (formerly School of International Development)
UEA Research Groups:	Faculty of Social Sciences > Research Groups > Gender and Development Faculty of Social Sciences > Research Groups > Impact Evaluation Faculty of Social Sciences > Research Centres > Centre for Behavioural and Experimental Social Sciences Faculty of Social Sciences > Research Groups > Behavioural Economics Faculty of Social Sciences > Research Groups > Environment, Resources and Conflict University of East Anglia Schools > Faculty of Science > Tyndall Centre for Climate Change Research Faculty of Science > Research Centres > Tyndall Centre for Climate Change Research Faculty of Social Sciences > Research Groups > Behavioural and Experimental Development Economics
Depositing User:	Pure Connector
Date Deposited:	23 Oct 2015 15:01
Last Modified:	25 May 2025 23:54
URI:	https://ueaeprints.uea.ac.uk/id/eprint/54802
DOI:	10.1016/j.jebo.2015.03.003

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