Person: Bolton, Gary

The American economist Richard H. Thaler was awarded this year’s Nobel Memorial Prize in Economic Sciences for his pioneering contributions …

BYU Radio, 27.10.2015 | Julie Rose

„If you are a risk-taker, research shows you’ll be a little less-bold in your decisions when other people are involved. The power of the group to push people toward more conservative choices is fairly well documented. The question is, why does it happen?” Gary Bolton, professor of managerial economics and C-SEB principal investigator., 18.09.2015 | Brittany Magelssen

„‘Suppose that the chances I’m going to take influence not only what will happen to me, but what will happen to you,’ Bolton said. ‘Does that change my risk-taking behavior? This is important because a lot of risk decisions are taken in groups—in terms of business, government or family. You’re not just deciding for yourself, but you’re deciding for others as well’.” Gary Bolton is professor of managerial economics and C-SEB principal investigator.