DR@W
DR@W
Decision Research at Warwick (DR@W) is an interdisciplinary initiative which focuses on behavioural and experimental research of decision making.
Formed in January 2010, DR@W brings together researchers and students from Economics, Psychology, Statistics, Warwick Mathematics Institute, Warwick Manufacturing Group and Warwick Business School that are interested in current developments in the area of experimental and behavioural research.
The Department of Economics have created and manage a large computer laboratory for use with experiments.
Visit the Decision Research at Warwick website for further details.
DR@W Forum: Eugene Malthouse (Warwick, Psychology)
Location: WBS 2.007
When a community faces a collective risk, individuals may seek to first protect themselves before contributing to efforts to protect the wider community. In the context of climate change, for example, governments may prioritise local adaptation over global mitigation efforts. We investigate this trade-off between private and collective solutions with an adapted version of a public good game (the collective-risk social dilemma) conducted in more than 30 countries. Groups are made up of four individuals who become rich or poor on account of merit or luck, depending on the treatment. We find that different causes of wealth result in different beliefs about what is fair; but do not influence contributions towards private vs. collective solutions. Rich players exhibit stronger preferences for private solutions, while poor players consistently contribute a higher proportion of their wealth towards the collective solution.