APS

APS Virtual Poster Showcase · 2020

Choosing for Friends Relative to Strangers in Need Decreases Risky Decision-Making

Virtual · June 2020

Poster Sessions · Social

  • Tereza Kuzmina
    Adelphi University
  • Dominic Fareri
    Adelphi University

Abstract

The degree to which we are willing to take risks for others in need is an important yet understudied question. Applying a manipulation of social closeness to an economic decision task under prosocial conditions, we find that people are less likely to take risks to benefit friends relative to strangers.

Judgment and Decision Making