Text
Peer Effects in Risk Aversion and Trust
Existing evidence shows that risk aversion and trust are largely determined by environmental factors. We test whether one such factor is peer influence. Using random assignment of MBA students to peer groups and predetermined survey responses of economic attitudes, we find causal evidence of positive peer effects in risk aversion and no effects in trust. After the first year of the MBA program, the difference between an individual and her peers' average risk aversion is only 41% as large as the difference was before starting the MBA. Finding no peer effects in trust is consistent with recent research showing that distinct cognitive processes govern risk aversion and trust..Printed Journal
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| RFS2711 | PSB lt.dasar - Pascasarjana | 1 |
| Penerbit | Oxford: Oxford University Press |
|---|---|
| Edisi | - |
| Subjek | Trust Risk aversion Peer effects |
| ISBN/ISSN | 8939454 |
| Klasifikasi | - |
| Deskripsi Fisik | - |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |