Informal risk-sharing cooperatives: the effect of learning and other-regarding preferences

被引：2

作者：

Barbet, Victorien ^{[1
]}

Bourles, Renaud ^{[2
]}

Rouchier, Juliette ^{[3
]}

机构：

[1] Aix Marseille Univ, CNRS, EHESS, Cent Marseille,AMSE, 5-9 Blvd Bourdet,CS 50498, F-13205 Marseille 1, France

[2] Aix Marseille Univ, CNRS, EHESS, Cent Marseille,AMSE, 38 Rue Frederic Joliot Curie, F-13451 Marseille 20, France

[3] PSL Res Univ, Univ Paris Dauphine, UMR 7243, LAMSADE,CNRS, F-75016 Paris, France

来源：

JOURNAL OF EVOLUTIONARY ECONOMICS | 2020年 / 30卷 / 02期

关键词：

Agent-based; Cooperative; Risk-sharing; Learning; Altruism; Other-regarding preferences; INSURANCE; BEHAVIOR; COMMITMENT; ALTRUISM;

D O I：

10.1007/s00191-019-00644-9

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We study the dynamics of risk-sharing cooperatives among heterogeneous agents. Based of their knowledge on their risk exposure and the performance of the cooperatives, agents choose whether or not to remain in the risk-sharing agreement. We highlight the key role of other-regarding preference (altruism and inequality aversion) in stabilizing less segregated (and smaller) cooperatives. Limited knowledge and learning of own risk exposure also contributes to reducing segregation, the two effects (of learning and other-regarding preferences) being complementary. Our findings shed light on the mechanisms behind risk-sharing agreements between agents heterogeneous in their risk exposure.

引用

页码：451 / 478

页数：28

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