An Experimental Economic Study of Behavior based on Present Hedonic Preferences

Abstract

This study included 80 subjects. Using trust game task (TG) and hedonic risk subscale and economic risk subscale of specific domain risk scale, the effects of economic risk preference and hedonic risk preference on trust behavior were studied. The research shows that in the two different trust response situations, the choice of hedonic risk preference has a significant relationship with people's trust, the choice of hedonic risk preference has a significant impact on people's trust degree, and the choice of hedonic preference has a significant impact on people's trust degree. In less social interaction situations, there is no obvious correlation between individual financial risk and credit. After the loss of feedback, the trust degree of the high socially-high financial risk group was significantly greater than that of the low socially-high financial risk group, but there was no significant difference between the trust degree of the high socially-low financial risk group and the high socially-low financial risk group. Therefore, people with high-risk propensity are more likely to make a trust decision again than people with low-risk propensity.