Toward a coinsurance theory of group formation under risk

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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
Form electronic; electronic resource; remote
Extent 1 online resource.
Publication date 2015
Issuance monographic
Language English

Creators/Contributors

Associated with Katz, James J
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

Bibliographic information

Statement of responsibility James J Katz.
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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