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We are more risk-averse for other people
From Pavel D. Atanasov: Are we more inclined to take risks for ourselves rather than on someone else’s behalf? The current study reviews and summarizes 28 effects from 18 studies (n=4,784). Across all studies, choices for others were significantly more risk-averse than choices for self (d=0.15, p=0.012). Two objective features of the choices moderated these […] The post We are more risk-averse for other people appeared first on Marginal REVOLUTION.