Faculty of Business and Economics

Faculty of Business and Economics

Göttingen researchers investigate the effect of income inequality on behaviour

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Do differences in performance have an impact on the appetite for risk-taking in decision-makers? Economists at the University of Göttingen have addressed this question. The result of their study is that people's willingness to take risks increases as soon as they get a lower return than other people with whom they compare themselves. At the same time, decision-makers take lower risks if they get a higher return than their peers. The study was published in the journal Games and Economic Behavior.

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Research areas

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Research conducted at the Faculty of Business and Economics focuses on research in "Governance and Compliance", "Global Change and Development" as well as "Marketing and Consumer Science". The concept of enlightened and conscientious innovation of economic actors (responsible innovation) forms the overall guiding principle of the three research areas. The academic researchers work on these topics using both diverse econometric and experimental research methods as well as formal analytical modeling approaches.

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