Toward a coinsurance theory of group formation under risk
Abstract/Contents
- Abstract
- Five experiments show that people's tendency to join resource-sharing groups under environmental risk, or coinsure, depends on the availability of resources. People seek to form groups as a means to diminish the impact of risk in situations characterized by abundance; in situations where resources are scarce, people tend to avoid groups as risk increases to have a chance at a better outcome. This effect generalizes across different levels of wealth (i.e., variance in endowed resources) within groups. Independently of the level of external risk, group formation decisions under conditions of abundance are driven by self-transcendent values and concern for others, while group formation decisions under conditions of scarcity are driven by conservation values. Taken together, these studies introduce a novel perspective on cooperation that provides a useful lens for group formation.
Description
Type of resource | text |
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Form | electronic; electronic resource; remote |
Extent | 1 online resource. |
Publication date | 2015 |
Issuance | monographic |
Language | English |
Creators/Contributors
Associated with | Katz, James J |
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Associated with | Stanford University, Graduate School of Business. |
Primary advisor | Halevy, Nir, 1979- |
Primary advisor | Miller, Dale T |
Thesis advisor | Halevy, Nir, 1979- |
Thesis advisor | Miller, Dale T |
Thesis advisor | Flynn, Francis J |
Thesis advisor | Kramer, Roderick M. (Roderick Moreland), 1950- |
Advisor | Flynn, Francis J |
Advisor | Kramer, Roderick M. (Roderick Moreland), 1950- |
Subjects
Genre | Theses |
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Bibliographic information
Statement of responsibility | James J Katz. |
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Note | Submitted to the Graduate School of Business. |
Thesis | Thesis (Ph.D.)--Stanford University, 2015. |
Location | electronic resource |
Access conditions
- Copyright
- © 2015 by James J Katz
- License
- This work is licensed under a Creative Commons Attribution Non Commercial 3.0 Unported license (CC BY-NC).
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