Please use this identifier to cite or link to this item: https://scholarbank.nus.edu.sg/handle/10635/226218
Title: ESSAYS ON RISK AND MORAL PREFERENCES
Authors: CHEN YITING
Keywords: risk preference, moral preference, uncertainty, source dependence, lying aversion, social information
Issue Date: 19-Jan-2022
Citation: CHEN YITING (2022-01-19). ESSAYS ON RISK AND MORAL PREFERENCES. ScholarBank@NUS Repository.
Abstract: We study risk preference, moral preference, and their interaction. First, we examine source dependence in the setting of gift exchange with effort provision. We find that when the likelihood of winning is moderate to high (low), the lottery with the familiar (unfamiliar) source of uncertainty motivates higher effort, which supports the generalizability of source dependence in applied settings. Second, we examine moral decisions when individuals face an uncertain situation compared with all degenerate certain situations. We find that uncertainty drives individuals to share more and lie less, which is accounted by a theoretical framework whereby individuals perceive a connection between the morality and uncertainty. Third, we measure individual responses under different social information on what others do in the setting of charitable giving. Individual responses are heterogeneous and internally consistent when punishment is involved. Our findings reconcile the mixed effect of social information in the literature.
URI: https://scholarbank.nus.edu.sg/handle/10635/226218
Appears in Collections:Ph.D Theses (Open)

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