What are the Risks? An Experimental Study of the Decision Making of Bureaucratic and Elected Elites

• In Event: Psychology and Political Elites

Brief Overview

Bureaucratic and political elites show differing risk profiles in several experiments on decision making. Top level civil servants are more prone to status quo bias, and are less affected by framing compared to politicians.

Authors

• Christoffer Koch Florczak, University of Southern Denmark

• Poul Aaes Nielsen, University of Southern Denmark

• Robert Klemmensen, University of Southern Denmark