Financial risk-taking for others – an experimental consideration

dc.contributor.advisorFullbrunn, S.
dc.contributor.authorArendsen, Jitse
dc.date.issued2019-08-12
dc.description.abstractThis thesis uses an experimental setting to analyses the effects of decision making for others with given client-preferences under differencing circumstances. It first considers decision making for others with and without limited liability but with disclosed client preferences. Afterwards it tests whether implementing a system of accountability can mitigate the increase in risk-taking often observed when limited liability is involved. In the end, an analyses is done whether traits such as greed, narcissism and individualism correlate with the risk-taking for others that is observed under limited liability. One of the main findings of this thesis is that although the clients preferences are known, limited liability still leads to excessive risk taking. It also finds that this excessive risk-taking resulting from convex incentive structures can be effectively reduced by implementing accountability.en_US
dc.embargo.lift10000-01-01
dc.embargo.typePermanent embargoen_US
dc.identifier.urihttps://theses.ubn.ru.nl/handle/123456789/7902
dc.language.isoenen_US
dc.thesis.facultyFaculteit der Managementwetenschappenen_US
dc.thesis.specialisationFinancial Economicsen_US
dc.thesis.studyprogrammeMaster Economicsen_US
dc.thesis.typeMasteren_US
dc.titleFinancial risk-taking for others – an experimental considerationen_US
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